KYIV. Aug 8 (Interfax-Ukraine) – The Ministry of Regional Development, Construction, Housing and Utilities Services plans to create 75,000 jobs and reduce costs for housing subsidies by UAH 5 billion thanks to setting up the State Energy Efficiency Fund.
“We expect the further creation of 75,000 new jobs for the state and Ukrainian families, the reduction of spending on subsidies, for which the budget foresees UAH 42 billion,” Deputy Prime Minister, Minister of Regional Development, Construction, Housing and Utilities Services Hennadiy Zubko said at a press conference in Kyiv.
According to the official, the purpose of creating the fund is transformation of costs for subsidies into costs for the implementation of energy efficiency measures.
In addition, it is planned to annually reduce natural gas consumption by UAH 1.5 billion.
