Ukraine Will Increase Local Budget Resource in 2013
OREANDA-NEWS. December 12, 2012. Local budget resource for the next year will increase significantly - by 28.1 billion or by 14.7% against 2012 year and in 2013 is UAH 220.1 billion.
The regions will receive substantial government’s support. In particular, it is planned to carry out it through the State Regional Development Fund and UAH 1.3 billion is provided for this purpose. Government support will be provided also through the subvention for the activities of socio-economic development of the territories; UAH 1.3 billion is scheduled for this purpose.
It should be noted that for 2013 year along with the traditional order of financing of capital expenditure new approaches have been proposed. These approaches will be carried out by mobilizing additional resources through the banking sector under government guarantees. This, in turn, will significantly contribute the solution of important problems of regional development.
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