Diagnostics of the State of Financial Provision for the Digital-Green Transition of Ukraine's Regions

The purpose of this article is to diagnose the state of financial provision for the digital-green transition of Ukraine's regions under the combined pressure of decentralisation reform outcomes and the fiscal regime of martial law. The relevance of the topic stems from the fact that digital transformation and the green transition are formally embedded as cross-cutting priorities of Ukraine's European integration agenda, while the financial architecture that must deliver these priorities at the subnational level has undergone a profound and largely unexamined transformation since 2022. The methodological basis combines structural and dynamic analysis of budget execution data, index-based assessment of fiscal autonomy and transfer dependence, comparative regional analysis of revenue growth asymmetry, deflation of nominal indicators, and a purpose-built three-block diagnostic matrix that separates general fiscal capacity, investment capacity and dedicated transition-financing instruments. The results reveal a fundamental diagnostic paradox: the growth of own local revenues in absolute terms coincides with a decline in their relative weight within the consolidated budget and with stagnation of real investment capacity below the pre-war level. The analysis further demonstrates that the revenue base remains structurally concentrated and highly sensitive to single legislative decisions, while transfer dependence has stabilised at roughly a quarter of aggregate local resources and interregional fiscal asymmetry has become entrenched, dividing territories into two groups with opposite financial trajectories. The decisive finding concerns the weakness of dedicated instruments, whose limited scale and selection criteria favouring high-readiness projects with short implementation cycles do not match the capital-intensive and longterm nature of the transition, leaving the digital-green component effectively unidentified within public investment portfolios. At the same time, the study records a positive institutional dimension, since the broad involvement of communities in the new public investment management system creates a platform suitable for programme-based transition financing once adequate resources become available. The practical value lies in the proposed diagnostic matrix, applicable by central and regional authorities as a monitoring tool for assessing the readiness of territorial financial systems to absorb European Union structural-type funding, and in the substantiated set of policy directions for restoring fiscal symmetry and embedding a measurable digital-green component into subnational public investment planning.