The main provisions for the allocation of public funds for culture including the central and local level are established by the Budget Code of the Ukraine (2002, with amendments 2003-2013, 2016), especially Articles 86-93.
The Budget Law for each year is adopted in the previous year, and defines the current allocation of public funds for culture concerning the chief spending units.
Further increase in nominal expenditures for culture and art is planned in the Consolidated Budget of Ukraine for 2018. Such a positive trend will continue for the third consecutive year. There was an increase of 21,4% in 2016, 47,8% in 2017, and more than 10,0% in 2018 (to UAH 17 166,7 million). The increase in expenditure for culture and art will be funded from the State (UAH 4 385,2 million projected) as well as from regional budgets (UAH 12 781,5 million). Despite the real increase in the Consolidated Budget expenditure for culture and art since 2016, the levels for 2018 will reach the 2014 culture expenditures level. A similar situation occurs for education and health care fields (although education will be close to pre-crisis levels).
Comments are closed.