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Government does not abolish the norm of redistribution of rental payments to fill local budgets, the program will commence in 2018, assures Prime Minister
26.05.2017 | 11:40
INFORMATION AND COMMUNICATION DEPARTMENT OF THE SECRETARIAT OF THE CMU

The Cabinet of Ministers of Ukraine won’t annul the norm stipulating for the reallocation of part of rental payments to fill the budgets of the regions in which minerals are extracted, henceforth this process will begin as planned earlier in 2018. This was stated by Prime Minister of Ukraine during A Question Time for the Government at the Verkhovna Rada of Ukraine.

"Part of rental payments should remain for the area where mineral resources are extracted. This is a correct and logical approach linked with decentralization and establishment of the financial framework for local governance. The year of 2018 was determined the time to trigger such redistribution process", said the Prime Minister.

 

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