Business news from Ukraine

KYIV MAYOR VITALI KLITSCHKO: MEDICINE, EDUCATION, INFRASTRUCTURE ARE PRIORITIES FOR KYIV CITY BUDGET IN 2018

12 February , 2018  

Medicine, education and infrastructure of the city will be a priority of the Kyiv city budget in 2018, Kyiv Mayor Vitali Klitschko has said.
“Among the priority areas for development, where large funds will be sent in Kyiv this year – medical and educational areas, renewal and construction of urban infrastructure,” the Kyiv mayor said on Facebook page on Friday evening.
In addition, Klitschko said that despite the need to repay the debts, the city’s budget is almost doubled.
“We received Kyiv with huge debts – almost UAH 27 billion! Over these years, we more than halved the debt, and we almost doubled the budget of the city. Three years ago it was UAH 27 billion, and the estimate for this year is almost UAH 50. Finally we have the financial resources to implement the changes. We need to finance medicine, education, restore neglected infrastructure,” he said.
In particular, the mayor recalled that the financing of these three priority areas increased significantly in the previous year. In the education sphere the city continues to finance construction and renovation of schools and kindergartens.