In Ukraine, earned the Road Fund

02 January 2018, 10:04 | Policy
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As the official noted, for the first time the road industry will receive state-guaranteed financing.

It is noted that for this year 33 billion hryvnias are planned to be financed plus additional allocations for a number of key highways for more than 14 billion hryvnia.

"Now everyone has the right and should demand from the authorities high-quality roads, and not to throw frustrated at Kiev,"? stressed Omelyan.

So, now Ukravtodor will be responsible only for 50 thousand kilometers of highways.

The remaining 120 thousand are transferred to the balance of regions with guaranteed state funding from the Road Fund in the amount of 35 percent of its revenues.

As previously reported in URA-Inform, the State Budget of Ukraine and the Road Fund will provide about 46.7 billion UAH. It is reported that these funds will be able to build 50 new bridges and update 4 thousand kilometers of roads. In addition, the subvention for the construction, repair and maintenance of roads is 11.5 billion UAH.




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