Groisman told how decentralization affects the economy

Excessive centralization of power was one of the critical reasons for the slow economic development of Ukraine.

Prime Minister of Ukraine Volodymyr Groysman wrote on Facebook that they initiated three years ago, the decentralization reform will have a significant impact on economic growth of Ukraine.

“Excessive centralization of power was one of the critical reasons for the slow economic development of Ukraine”, − said the head of the Cabinet.

According to him, any attempt to accelerate the development without the active involvement of local self-government, without creating incentives for local economic development was not given would result.

“Therefore initiated by me three years ago, the reform which I am very proud of the decentralization reform, I expect also now a significant impact on economic growth of Ukraine”, − said the Prime Minister.

Earlier Groisman said that the reform on decentralization of power is one of the most successful reforms in the country and thanks to it, local governments have received tens of billions USD revenue.

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