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Cabinet approves UAH214 billion program to develop public roads
Journal Staff Report

KIEV, Sept. 27 – The Cabinet of Ministers has approved the state economic program for the development of public roads in 2013-2018.

According to a government resolution, the projected funding for the program is UAH 214.034 billion, including UAH 39.253 billion as repayment on loans.

In particular, UAH 133.582 billion is to be allocated from the state budget and UAH 80.452 billion from other sources, including UAH 18.092 billion as funds from international financial organizations, UAH 42.36 billion as loans, and UAH 20 billion as funds from investors.

Funding for the program will be determined annually during the drafting of the state budget for a respective year, taking into account its possibilities.




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