Revenues of local budgets in 2022 are expected to be UAH 437B ($15B),

Wednesday, January 19, 2022
Revenues of local budgets in 2022 are expected to be UAH 437B ($15B),

which is UAH 87B ($3B) more than last year, announced the Deputy Minister of Community and Territorial Development, Vyacheslav Negoda. This boost is mainly associated with a 4% increase in personal income tax. According to Negoda, the 2022 state budget of Ukraine plans to spend more than UAH 131B for the development of territories and the development of community infrastructure. The funds will also be used to develop transport infrastructure, social security, housing construction, and other areas of territorial expansion.

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