The Cabinet of Ministers has approved the allocation of UAH 1.1 billion from the State Fund for Regional Development for financing regional projects in 11 regions of the country, Prime Minister Volodymyr Groysman has said.
"We've approved the State Regional Development Fund: UAH 1.1 billion will be spent on the projects you have filed for approval," he said at a meeting with the heads of regional administrations.
Earlier Vice Prime Minister of Ukraine, Minister of Regional Development, Construction, Housing and Utilities Services Hennadiy Zubko reported the interdepartmental commission had recommended the approval of 219 projects submitted by 11 regions: Vinnytsia, Volyn, Dnipropetrovsk, Zakarpattia, Kyiv, Poltava, Rivne, Ternopil, Kharkiv, Khmelnytsky regions and Kyiv.
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"The commission recommended the Cabinet of Ministers approve projects with the funding of UAH 1.010 billion. Among them, in particular, is UAH 955,639 to repay creditor indebtedness formed at the expense of the 2015 fund. The unallocated balance of funds stands at UAH 1.99 billion," the vice premier said.