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/ Main / News / Odessa became the leader on financial health among the cities and regions of Ukraine


Placed: 17.11.2017 14:48:28

Odessa became the leader on financial health among the cities and regions of Ukraine

The leaders of rating on financial health of cities and regions of Ukraine are determined: Odessa demonstrated the highest level of financial health

International Center for Policy Studies (ICPS, Ukraine) in the framework of the project "Transparent, financially healthy and competitive local governments in Ukraine" which is implemented by the Institute for Economic and Social Reforms in Slovakia (INEKO) and with support of the US Embassy, has presented the updated rating of financial health of cities and regions of Ukraine in the form of a web platform http://budgets.icps.com.ua/ 

The portal contains more than 35,000 data for more than 73 municipalities. The experts analyzed the revenue and expenditure parts of each of the budgets, official transfers, the specifics of lending and financing of their deficits.

The following indexes were included in the calculated financial indicators: basic balance, basic balance per resident, profit per resident, dependence of the local budget on local taxes and fees, dependence on financial assistance, tax capacity, transfer stability, budget support, tax autonomy, budget implementation and overall debt ratios.

According to the research, the highest level of financial health among the cities showed: Odessa (8.0 points out of 10 possible), Rivne (7.5) and Poltava (7.1).

 

 

 


 

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