The Verkhovna Rada of Ukraine adopted the Bill on Amendments to the Law "On Promotion of Regional Development (re Monitoring) as a Basis

20 March 2009, 12:26

The Bill (Reg. No.3567-1) enhances methodical base for recognizing the territories as depressive ones and rendering a relevant status to them. Such territories will further be able to obtain governmental aid for the socio-economic development and overcoming the state of depression.  

 

Pursuant to the Bill, "a depressive territory is a region or its part (district, cities of republican (the Autonomous Republic of Crimea) and regional importance, the level of development of which is the lowest or considerably lower than the level of development of territories-constituents of a relevant group".  

 

The Bill includes the regulation concerning the characteristic of development that determine the territories as depressive ones.