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

Share the news:

Read more:
90bb4e1920fa54a7557df480afb71bd7

23 October 2018

Pumpkin Fest held by hromadas of Kremenchuk Rayon

Another original event was held by the participants of the Green Tourism Cluster “Five Pearls of the Dnieper”....

E98988023409f5ba409ce909501bb937

23 October 2018

Rural hromada in Chernihiv Oblast wants to join...

The issue concerns the voluntary accession of Kunashivska rural hromada to the city of oblast significance of...

46f8082e532e892510d2803aa559382e

23 October 2018

Collectivisation or path to development: start...

    The sixth debates of DESPRO, which should accelerate the process of AH formation, are being held in...