Government approves UAH 214 b road development program for 2013-2018

10:16, 27.09.2013 1 min read

The Cabinet of Ministers of Ukraine has approved the state economic program for the development of public roads in 2013-2018.

According to government resolution No. 696 of July 11, 2013, which was published on the Web site of the government, 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.