REGISTRATION CERTIFICATE

KV #19905-9705 PR dated 02.04.2013.

 FOUNDERS

RESEARCH CENTRE FOR INDUSTRIAL DEVELOPMENT PROBLEMS of NAS (KHARKIV, UKRAINE)

According to the decision No. 802 of the National Council of Television and Radio Broadcasting of Ukraine dated 14.03.2024, is registered as a subject in the field of print media.
ID R30-03156

 PUBLISHER

Liburkina L. M.

 SITE SECTIONS

Main page

Editorial staff

Editorial policy

Annotated catalogue (2011)

Annotated catalogue (2012)

Annotated catalogue (2013)

Annotated catalogue (2014)

Annotated catalogue (2015)

Annotated catalogue (2016)

Annotated catalogue (2017)

Annotated catalogue (2018)

Annotated catalogue (2019)

Annotated catalogue (2020)

Annotated catalogue (2021)

Annotated catalogue (2022)

Annotated catalogue (2023)

Annotated catalogue (2024)

Thematic sections of the journal

Proceedings of scientific conferences

Assessing the Debt Sustainability of Territorial Communities in Ukraine
Koblyk I. I.

Koblyk, Ihor I. (2023) “Assessing the Debt Sustainability of Territorial Communities in Ukraine.” Business Inform 9:221–226.
https://doi.org/10.32983/2222-4459-2023-9-221-226

Section: Finance, Money Circulation and Credit

UDC 336.15, 336.3

Abstract:
The article examines the essence of debt sustainability of territorial communities. The main factors of influence on ensuring the debt sustainability of territorial communities are considered, among which are: financial support for the functioning of local self-government bodies; infrastructure development; social protection of the community’s population; confidence on the part of investors. The conditions that ensure the debt sustainability of the local budget are defined as follows: rational financial planning; effective cost management; rational management of debt obligations; stability of income; control of risks; economic stability of the community; ability to pay debts. The features that characterize the debt sustainability of territorial communities are considered as follows: the ability to pay interest and the principal amount of debt; stability and balance of the budget; sustainability of income; capability to take into account the risks associated with debt obligations; creation of sufficient reserves; maintaining a low level of debt burden; ensuring and maintaining a favorable credit rating; effective financial management and debt control. An algorithm for diagnosing the current debt sustainability of a territorial community has been developed, which includes the following stages: collection and analysis of indicators of the financial condition of a territorial community; analysis of the debt structure of the territorial community; calculation of debt sustainability indicators; comparison of the actually calculated values of debt indicators with the values of these indicators for previous periods; development of recommendations for the implementation of the policy, taking into account the analyzed indicators of debt sustainability. The calculation of indicators for assessing the current debt sustainability of territorial communities is carried out. Based on their analysis, a number of measures for the effective implementation of debt policy and debt management of territorial communities are proposed.

Keywords: debt of the territorial community, local borrowings, debt sustainability of territorial community.

Fig.: 1. Tabl.: 2. Bibl.: 8.

Koblyk Ihor I. – Candidate of Sciences (Economics), Senior Research Fellow, Department of Regional Financial Policy, Institute of Regional Research named after M. I. Dolishniy of the NAS of Ukraine (4 Kozelnytska Str., Lvіv, 79026, Ukraine)
Email: [email protected]

List of references in article

Mykytiuk, I. “Finansova stiikist ta bezpeka mistsevoho biudzhetu“ [Financial Stability and Local Budget Security]. Visnyk Kyivskoho natsionalnoho torhovelno-ekonomichnoho universytetu. 2013. http://visnik.knute.edu.ua/files/2013/01/8.pdf
Ofitsiinyi sait Vinnytskoi miskoi terytorialnoi hromady. https://www.vmr.gov.ua/
Ofitsiinyi sait Zaporizkoi miskoi terytorialnoi hromady. http://gorfin.zp.ua/?page_id=25653
Ofitsiinyi sait Lvivskoi miskoi terytorialnoi hromady. https://city-adm.lviv.ua/public-information/search?searchword=%D0%B1%D0%BE%D1%80%D0%B3&search_cat=1
Ofitsiinyi sait Odeskoi miskoi terytorialnoi hromady. https://omr.gov.ua/ua/open-city/budget/programma-upravleniya-gorodskim-dolgom/
Ofitsiinyi sait Sumskoi miskoi terytorialnoi hromady. https://smr.gov.ua/uk/dokumenti/miskij-byudzhet/448-prohramy-upravlinnia-mistsevym-borhom-sumskoi-miskoi-terytorialnoi-hromady.html
[Legal Act of Ukraine] (2010). https://zakon.rada.gov.ua/laws/show/2456-17#Text
[Legal Act of Ukraine] (2011). https://zakon.rada.gov.ua/laws/show/110-2011-п#Text

 FOR AUTHORS

License Contract

Conditions of Publication

Article Requirements

Regulations on Peer-Reviewing

Publication Contract

Current Issue

Frequently asked questions

 INFORMATION

The Plan of Scientific Conferences

 OUR PARTNERS

Journal «The Problems of Economy»