KYIV. March 18 (Interfax-Ukraine) – Projects in the sphere of construction, energy efficiency and road reconstruction will be of top priority for providing subventions from the national budget for regional development projects.
The press service of Ukraine’s Finance Ministry reported that the relevant resolution was passed at a cabinet meeting on Wednesday.
The subventions will be primarily sent to realize construction completion projects, reconstruction of educational and medical institutions. The funds will be also provided for municipal road construction, reconstruction and overhaul projects.
According to the resolution, projects in the area of energy efficiency and energy saving will also be of top priority.
Total subsidies for local budgets to develop the regions are approved at UAH 1.94 billion in the law on the 2016 national budget.
