KYIV. June 24 (Interfax-Ukraine) – Ukrainian President Petro Poroshenko says that local budget revenues have already grown by 40% in the current year due to budget decentralization.
“We’ve already got the first results of budget decentralization. As of today, we’ve got the first statistics, which show that it’s the financial base of the local budget which has for the time grown by up to 40%, the local budgets have for the first time earned real money,” the president said during a meeting of the National Reforms Council in Kyiv on Tuesday.
According to Poroshenko, initiators of a respective bill were severely criticized back then. “Much anger was released against the initiators of the bill, which was once proposed to the public, [claiming that] it wouldn’t work, calculations were wrong, and these or those interests were not taken into consideration! But it’s exactly the opposite,” he stressed.
