17:53 23.03.2017

Cabinet distributes UAH 651 mln of EU aid to support regional policy

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Cabinet distributes UAH 651 mln of EU aid to support regional policy

The Cabinet of Ministers of Ukraine has distributed UAH 651.3 million of the balance of funds from the special fund of the national budget for 2017, which were received in the form of assistance from the European Union, to support regional policy.

According to cabinet resolution No. 186 of March 22, the government distributed the balance of the special fund money, which is on the accounts of the Finance Ministry, in the amount of UAH 651.3 million to the Ministry of Regional Development, Construction, Housing and Utilities Services.

The source of the funds is the sectoral budgetary support from the EU, obtained in the framework of the agreement on financing the Sectoral Policy Support Program to support the regional policy of Ukraine.

The report reads these funds will be directed for the following projects: regional development, the development and improvement of methods for calculating the competitiveness index of the regions in accordance with EU standards, the index of regional human development and calculating their projected values for the period up to 2020, the preparation and implementation of projects on the development of infrastructure of united territorial communities, the improvement of the system of monitoring and evaluation of regional policy.

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