Abstract
Regional consolidated budgets are facing three main trends in 2015, namely marked growth of budget revenues, slower growth of budget expenditures, insignificant growth of debts and enhanced debt profile. The dynamics of the regional consolidated budget revenues in 2015 (according to the data on January–September) has improved amid economic downturn over the dynamics seen in 2013–2014. However, there is a large difference between the regions: some (most) of them have seen their budget revenues decline, whereas others have experienced a substantial growth in the same. The regions and municipalities have seen their debts grow slower than in 2013–2014, increasing by merely 5% in the period between January and earlier in November 2015. Consolidated budget expenditures have increased by merely 4% due to strengthening the responsibility of the regions for their budget policy. However, analysis of the dynamics of social spending has shown a strong differentiation as to both certain budget lines and regions. The nontransparent regional budgets’ Health care spending pattern is an apparent problem.
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