Local budgets’ deposits as of July 1, 2018 (inforeference)

Local budget revenues growth due to fiscal decentralization caused a significant increase of local governments deposit volumes during 2016-2018. Inforeference analyzes trends in placement of temporarily free funds of local governments on deposit accounts as of July 1, 2018. The volume and structure of such deposits in terms of regions and types local governments were examined. Average volumes of deposits per resident and per region were investigated. TOP-10 regions with the highest deposits volumes and quantity are defined.

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