Regional Development Strategies of Ukraine

by Evgeny Lazorenko
Thursday, November 11, 2021
Regional Development Strategies of Ukraine

The first stage of decentralization reform has been completed. Local budget revenues have quadrupled.

Minister of community and territorial development Oleksii Chernyshov said: “Effective local self-government as a guarantee of a democratic and legal state. Decentralization is a long and difficult process. But the first stage of reform has already been completed. Efforts need to be made to strengthen the capacity of each community. Therefore, each local government body must develop its development strategy to meet the goals and objectives of the State strategy for regional development and the regional development strategy for the next seven years. The projects that will be implemented within each community strategy should contribute to job creation, business support, the formation of an attractive investment climate, etc." 

Due to the establishment of direct inter-budgetary relations from the state budget, the transfer of financial and property resources from the district level, decentralization in the field of land relations local budget revenues have quadrupled.

You will be interested