Vice PM Zubko: Revenues of local budgets grew by one third last year

The revenues of the local budgets in Ukraine in 2017 totaled UAH 192 billion, which is 31% more than in 2016.

Vice Prime Minister – Minister of Regional Development, Construction, Housing and Utilities Hennady Zubko announced this, the Decentralization portal informs.

"In 2017, the local budget revenues totaled UAH 192 billion and increased by UAH 45.4 billion, which is 31% more compared to 2016. Financial decentralization strengthens and boosts local budgets every year: in 2014, the revenues of the local budgets were UAH 70.2 billion, in 2015 – UAH 99.8 billion, in 2016 – UAH 146.6 billion, in 2017 – UAH 192 billion," Zubko said.

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