Business news from Ukraine


18 November , 2021  

The Verkhovna Rada plans to launch a nationwide targeted social program to provide Ukrainians with water through the development and reconstruction in 2022-2026 of centralized water supply and drainage systems in settlements throughout Ukraine, its total cost is estimated at UAH 57 billion. Corresponding bill No. 5723 on the nationwide target social program “Drinking Water of Ukraine” for 2022-2026 at first reading at a parliamentary meeting on Thursday was supported by 328 MPs with the required 226 votes.The existing issue of providing the inhabitants of Ukraine with high-quality drinking water is planned to be resolved through the construction, reconstruction or overhaul of water intake, water supply and treatment facilities, water supply networks and drainage systems, the construction and installation of post-treatment stations for drinking water, the creation of laboratories for monitoring the quality of drinking water and waste water.According to the annex to the document, in the territory of the country in 2022-2026 it is planned to build or reconstruct 290 water intake buildings, 280 water supply and treatment facilities, 79 post-treatment plants for drinking water, 1,100 water supply and drainage networks, as well as launch five water quality control laboratories.Financing of the program is planned from the state budget of Ukraine, including the state fund for regional development, the state fund for the development of water management and subventions for the implementation of investment projects, local budget funds, the funds of water supply and drainage enterprises, external and internal borrowings, grants from international organizations, funds from international programs, charitable contributions.”The approximate amount of funding for the program is UAH 28.59 billion, of which from the state budget – UAH 16.95 billion, from the local budget and other sources – UAH 11.64 billion. The volume of expenses required for the implementation of the program is determined annually, taking into account the possibilities of the state and local budgets in the formation of their indicators,” the appendix to the draft law reads.According to an explanatory note to the document, the implementation of the water supply program will allow consumers to receive high-quality services of centralized drainage and wastewater treatment, and industry enterprises providing services for centralized water supply and centralized drainage will receive an increase in profits from their activities.