Financial Resilience Forum in Lviv

On October 3-4, 2024, Lviv hosted the forum «Financial Resilience and Economic Development of Communities» as part of Ukrainian Resilience Week.

This event brought together representatives of local governments, as well as Ukrainian and international banking and financial institutions, along with experts in local finance.

The forum «Financial Resilience and Economic Development of Communities» titled «Let’s Meet in Lviv Under the Umbrella of Finance» featured participants such as Lviv Mayor Andriy Sadovyy; First Deputy Speaker of the Verkhovna Rada of Ukraine Oleksandr Korniienko; Head of the Lviv Regional State Administration Maksym Kozytskyy; EU Delegation in Ukraine’s Governance and Rule of Law Section Head Asier Santillan; USAID Project «HOVERLA» Deputy Chief Mariyan Yukych; Deputy Finance Minister of Ukraine Olha Zykova; Financial Director of Graz Municipality Johannes Müller; local finance experts from the USAID project Valentina Tymoshchuk and Natalia Koren; Advisor to the Association of Ukrainian Cities Oksana Prodan.

Andriy Zarytskyy, Acting Director of the Finance Department of Odesa City Council, represented Odesa at the forum.

Participants engaged in discussions aimed at finding solutions to challenges in local finance for the sake of financial resilience and economic development of communities.

As part of the event, a training visit to the UNBROKEN National Rehabilitation Center took place, which provides comprehensive medical assistance to military personnel and civilians—both adults and children—who have lost limbs.

Key issues discussed in panel discussions included: collaboration with international financial organizations for recovery and growth of communities; local tax administration and necessary changes for local governments; powers and responsibilities of local financial authorities; bank-municipality cooperation tools; local governments on the path to Eurointegration; medium- and long-term planning; IMF requirements; energy independence of communities; economic accessibility in the context of Eurointegration; ensuring labor market inclusivity through active employment programs; changes in tax and budget legislation to facilitate job creation in communities.

The event was organized with the support of the USAID Project «HOVERLA».

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