Sergii Chernov, the Chairman of the Kharkiv Regional Council, considers that the state regional policy shall promote interconnection and agreement of the development medium- and long-term strategies, plans and programs both at the state and regional level. He tells about this on the air of “Regional Council Time” program which took place today at the Regional Broadcasting Station.

Sergii Chernov placed emphasis on necessity of creation of the State Fund of Regional Development to be the single source of the funds aimed at regional development.

“70% of the funds shall be distributed with consideration of population of the regions, 30% - with consideration of condition of social and economic development of the territory. Each region may calculate an approximate volume of the funds which may be obtained to be able to plan individual target programs. In this case, a long-term planning will be effective, and we’ll be able the prospects for solving many issues. Various subventions shall not be scattered for social and economic development. The fund shall be assigned for capital investments. The State Fund of Regional Development shall be a source of the funds understandable for everybody as to its volume, time and mechanism of action”. The Chairman of the Kharkiv Regional Council is convinced in this.


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