Government Support for Regional Development will Total UAH 10 Billion in 2018 - Draft Budget

It is provided for in the State Budget for the next year that  UAH 8.1 billion will be appropriated for the State Fund for Regional Development. Additional UAH 1.9 billion will be budgeted as the government grant for the formation of infrastructure of the amalgamated territorial communities.  That is provided for in the draft State Budget of Ukraine for 2018.

In aggregate, the resources of local budgets for 2018 will total UAH 520.72 billion. The anticipated amount of revenues of local budgets is UAH 250.38 billion.

The State Budget provides for inter-budget transfers to local budgets in the amount of UAH 278.996 billion.

The Cabinet of Ministers of Ukraine registered the draft law with the Parliament on 15 September, as provided for in the budget-making legislation

Source:

Press Centre of the "Decentralisation of Power" Initiative

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