Local budgets across Ukraine see revenue increase

During the period under review, the government, in line with budget legislation, allocated for local budgets UAH 257.715 billion ($9.206 billion) in inter-budgetary transfers.

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Revenues of local budgets across Ukraine in January-November increased by 22.5% compared to the same period in 2017.

There has been a UAH 39.023 billion (US$1.394 billion) growth, to UAH 212.531 billion ($7.592 billion) according to a report by the Ministry of Finance.

During the period under review, the government, in line with budget legislation, funneled to local budgets UAH 257.715 billion ($9.206 billion) in inter-budgetary transfers, which is 96.9% of the target.

As UNIAN reported earlier, the revenues of local budgets in Ukraine in 2017 increased compared to 2016 by 31%, up to UAH 192 billion (around $6.9 billion).

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