• Українською
  • Decentralization allows communities to distribute the budget according to the needs of residents, says Prime Minister
    Communications Department of the Secretariat of the CMU, posted 28 July 2021 12:10

    The Government prolongs activities to improve the investment climate in communities. Prime Minister Denys Shmyhal emphasized in a statement at the All-Ukrainian Forum "Ukraine 30. Decentralization".

    According to the Head of Government, there are already successful examples of industrial parks in various areas, in addition, work is underway to support investors with a significant amount of investment.

    "Next week, the Government will adopt final resolutions regarding the law on investors with significant investments, and this area will finally work. Nowadays, there are more than 26 investors who have applied to UkraineInvest, with a total investment of $ 1.7 billion," the Prime Minister stressed.

    Denys Shmyhal highlighted that decentralization allows businesses to work directly with local authorities, which, in turn, are interested in attracting investment for the benefit of communities.

    "It creates regional competition among local communities. Accordingly, the conditions for business are improving, especially for small and medium-sized companies, which can create growth points in every community, pay taxes, and create new jobs. Each of the Ukrainian regions has totally unique opportunities. The local authorities certainly know their strong points better than anyone. And it improves communication with potential investors," the Head of Government said.

    The Prime Minister also noted that one of the main programs of state investment in the regions was the President's "Great Construction" program.

    "Schools, kindergartens, emergency departments, hospitals, roads - all those show the synergy and success of cooperation between central and local authorities. If earlier the center decided to repair a road, school or kindergarten not always basing of objective needs of the community, today, we are sure, community budgets are distributed according to the priorities of their residents, and not according to the vision of an official in a Kyiv office", summarized Denys Shmyhal.

    Decentralization allows communities to distribute the budget according to the needs of residents, says Prime Minister