order to create new jobs" through the implementation of explanatory and consultative
work by regional and city state administrations with food processing enterprises of the
regions of Ukraine.
Figure 4. Strategic directions of reforming the system of financial provision
of the regions
2. Creation of a platform for the development of integration processes in the
industry in order to include enterprises in closed production cycles, for which it is
expedient:
- develop the use of subcontinental schemes of cooperation by providing large
corporations with a state order only subject to the placement of orders for the
production of a specified proportion of raw materials or semi-finished products at small
enterprises of the industry;
- determine at the legislative level the legal and economic principles of the
development of clusters and franchising in Ukraine. Provide state support for the
creation and functioning of these forms of cooperation in the food sector, with the
participation of small and medium-sized enterprises in the sector and the creation of a
new high quality and safety product for the market;
Strategic directions of reforming the system of financial provision of the regions
Formation of a favorable investment environment in the regions and
providing investment resources of the regions of Ukraine.
Strengthening the financial adequacy of local budgets by expanding the list
of local taxes and fees, changing the principles of financing the powers of
local authorities and the system for calculating intergovernmental transfers.
Reduction of the role of the subjective factor in the distribution of
subventions for social and economic development from the State Budget
through the introduction of formalized parameters for the provision of
investment subventions.
Transformation of the State Fund for Regional Development of Ukraine
into a real instrument for financing capital expenditures that can give a
potential long-term effect.
Extension of the list of city councils that have the right to issue municipal
securities; attraction of population's savings to the turnover in the financial
sphere and their transformation into credit and investment resources.
Involvement of projects in the framework of international cooperation in as
many regions as possible.
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