16:45 07.10.2016

Rada redistributes Polish credit funds for border infrastructure development

1 min read
Rada redistributes Polish credit funds for border infrastructure development

The Verkhovna Rada of Ukraine has redistributed funds from the loan raised from the government of Poland issued to Ukraine for implementation of projects to develop cross-border road infrastructure, checkpoints in the Ukrainian-Polish border and other projects.

Some 298 people's deputies voted for law No. 5074 on amendments to the law of Ukraine on the national budget for 2016 on the use of the loan from the Polish government.

These funds will be used not for the budget program of financing development projects at the expense of money raised by the state, as it was stipulated by the law on the national budget for 2016, but to finance the activities and personnel of the State Border Guard Service (UAH 700,000), develop cross-border road infrastructure (UAH 6.8 million), for management and administration in the field of fiscal policy (UAH 2.5 million).

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