Implementation of investment projects in Vinnytsia region for financial aid from the government continues to

As noted by the Department of international cooperation and regional development of the regional state administration Vinnytsia region continues the implementation of investment projects of social orientation. Financial assistance from the State for the Vinnytsia region in 2016, is the largest in recent years, which aims at the implementation of investment projects of a social orientation and development of territories of the region, and is almost 240 million UAH. State support of regional development at the expense of means of the state Fund for regional development(hereinafter – the Fund)and subventions from the state budget to local budgets for implementation of activities on socio-economic development of separate territories(further – Subventions). Currently, of the available funds in the amount of 137,81 mln. the region received 53.45 million UAH. which are directed on financing of investment projects As of September 15 of the current year use of Fund (cash expenditures) amount to 33.0 million UAH. Another source of funding for investment projects in 2016 is raising funds Subventions. To implement 143 projects of building, reconstruction, major and current repairs of infrastructure, social and environmental purposes provided for means of a Subvention in the amount of 97.7 million UAH. already sent to the regions to 53.1 mln. This was reported in the Vinnytsia regional state administration

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Source: http://uzinform.com.ua/

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