Financial Decentralisation: Local Budgets Have Increased by UAH 25.4 Billion over the Period of Seven Months

Over the period from January to July 2016, UAH 77.8 billion were received by the local budgets. In the previous year, this indicator was at the level of UAH 52.4 billion. Hence, in comparison with the same period in the previous year, the addition of revenues to local budgets totalled 48.4% or UAH 25.4 billion.

"These are not just figures but actual projects. These are the funds which are now channelled by the communities to the development of infrastructure, construction and renovation of kindergartens and schools, hospitals, roads, etc. This is the actual resource for the communities to resolve their problems. This is the evidence of efficiency and irreversibility of the decentralisation reform", Vice-Prime Minister - Minister of Regional Development, Construction, and Housing and Communal Services of Ukraine Hennadii Zubko.

Source:

Децентралізація влади

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