Prime Minister Yulia Tymoshenko positively estimates the adopted by the VRU budget code and hopes that it will be signed by the President.

“The budget code, adopted yesterday by the VRU is some support – powerful, real and effective – for the local authorities,” Tymoshenko said today, opening the government session, the ForUm’s correspondent informs.

PM added that the key position of this code is orientation of money flows from the center to the regions. She also said that it is for the first time when it is done not artificially but really.

Tymoshenko noted that the code allows local councils additionally to use 100% of the tax for land, for transport duties and significantly increases possibility of the replenishment of the funds of development.


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