Revenues of local budgets expected to reach UAH 231 bln by year-end – Poroshenko
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Revenues of local budgets are expected to reach UAH 231 billion by the end of 2018, according to President Petro Poroshenko.
"Over the past four years, revenues of local budgets have grown from UAH 69 billion to UAH 231 billion - this is the forecast for the end of this year," Poroshenko stated at the seventh meeting of the Regional Development Council, according to an Ukrinform correspondent.

He emphasized that as a result of decentralization reform, the share of local budget revenues in the country's GDP rose from 5.1% to 7.1%, while the amount of state support for community development and infrastructure development grew 39 times from 2014.

"This is an unprecedented growth," Poroshenko stressed.