Economy

Rada approves provision of up to UAH 30 mln to finance ATR TV channel

The government's bill amending the Budget Code regarding the programs to support television and radio broadcasting companies of Crimea and Sevastopol has been passed by the Verkhovna Rada.

An Interfax-Ukraine correspondent has reported that some 227 lawmakers backed the bill on Thursday.

The bill envisages that Ukraine's Cabinet of Ministers could provide budget funds to programs supporting television companies functioned on the territory of Crimea and Sevastopol in 2016 as an exceptional case.

"We propose to consider the possibility of supporting some television and radio companies that today broadcast in Crimea," Deputy Finance Minister Yevhen Kapinus said, presenting the initiative in parliament.

According to an explanatory note the document, its adoption would standardize spending of the budget funds and provide for financial support of Atlant-SV television company LLC for ART T television channel.

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