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Press release: MP Volodymyr Yatsuba advocates decentralization in local budget formation
Kyiv, December 18. With due consideration of every region’s potential, Ukraine has to implement fiscal decentralization and to prepare the regions for financial independence in the future. This is the statement of Volodymyr Yatsuba, MP and former Minister of Regional Development and Building of Ukraine. This statement was made during the debate “Decentralization will boost regions’ competitiveness”, which was organized by the Foundation for Effective Governance in partnership with the Intelligence Squared.
“This system worked in 2003-2004. Most of the regions welcomed this initiative, and most of the regions had surpluses at that time. If we develop a similar program today, it will help the regions that are being subsidized now to become sponsors of the entire Ukraine”, said Mr. Yatsuba.
He noted that Ukrainian budget is dependent upon revenues from five regions – Donetsk, Kharkiv, Zaporizhzhya, Odessa and Kyiv. In the mean time, we have twenty-two deprived regions “that have merely 22%, 28%, or maximum 40% of their budget left for their own development”.
About the debates
The debate “Decentralization will boost regions’ competitiveness”, which was held on December 17 in Kyiv, is the fifth public debate in Ukraine carried out in the Oxford Union style.
The event was organized by the Foundation for Effective Governance in partnership with Britain-based Intelligence Squared.
In 2009, the Foundation held a series of debates (www.debaty.org) on reforming Ukraine’s economy during the economic crisis. For future debates, such important topics as Ukrainian-Russian economic relations, reform of education, administrative reform, regional economic development, the role of science and education in economic development, and innovation and technologies have been chosen.
Dear colleagues,
For additional information, please contact Inna Gordienko, PR Director of the FEG
Tel: (+38044) 501-41-07
Mobile: (+38095) 270-59-60
e-mail: igordienko@feg.org.ua
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