Local budgets will increase 21% next year to $10 billion, from $8.25 billion this year

Local budgets will increase 21% next year to $10 billion, from $8.25 billion this year, predicts Gennady Zubko, minister of regional development. This would match a similar increase this year. This unprecedented budget money comes from the government’s decentralization program and revenue sharing between the capital and the 24 regions. Little appreciated inside Kyiv’s Ring Road, this surge of money across the country is expected to help President Poroshenko in his March 31 re-election bid.