Business news from Ukraine

KYIV CITY COUNCIL TO ALLOCATE UAH 200 MLN FOR EUROVISION 2017

28 October , 2016  

KYIV. Oct 28 (Interfax-Ukraine) – Kyiv City Council will allocate UAH 200 million from the city budget to improve infrastructure and create a positive image of Kyiv for holding the Eurovision 2017 song contest.

Some 89 deputies voted for appropriate changes to the city targeted program “Capital Culture 2016-2018.”

According to the press service of Kyiv City Council, it is planned in the current year to allocate and use UAH 50 million, the remaining UAH 150 million in 2017.

“The funds will be spent on improving infrastructure and creating a positive image of Kyiv. This is our advertisement at the international level, and we must be ready to accept about 20,000 foreign tourists,” Kyiv City Council deputy Hanna Starostenko said.

As reported, the Cabinet of Ministers at a meeting on October 26 lifted restrictions on spending on preparations for the Eurovision 2017 international song contest in Kyiv.