Saturday 26 December 2015

State budget for 2016 foresees UAH 5.9 bln for investment projects in regions – Zubko

The general fund of the national budget for 2016 foresees UAH 3 billion for the State Fund for Regional Development and UAH 1.94 billion for the socio-economic development of the regions of Ukraine.

These data were voiced by the Ministry of Regional Development, Construction, Housing and Utilities Services, with reference to Vice Prime Minister, Regional Development Minister Hennadiy Zubko.

“As a result, this totals UAH 4.94 billion, which is more than the amount provided previously, namely UAH 4.64 billion. But the main thing is subventions to support the infrastructure projects of united territorial communities in the amount of UAH 1 billion,” Zubko said.

According to him, these funds will be spent on supporting united territorial communities, as well as developing infrastructure and administrative centers in the communities next year. For the full article click here 



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