Council established the State road Fund

Verkhovna Rada deputies supported the second reading and in General two draft law providing for the State road Fund of Ukraine.

So, on Thursday 17 November for the bills No. 4014 and # 4015а voted 248 and 235 deputies, respectively.

«We can create a stable tool to repair Ukrainian roads, to 90% of 170 thousand km, which we have, was a normal, high-quality and safe for our citizens», — said the Minister of infrastructure Vladimir Omelian, urging deputies to support the draft law, reports «Economic truth».

«If we want to have a good economy, we need to build roads. Actually this Fund is a source of constant prosperity of Ukraine», — said the Minister.

Due to the Road Fund, the government plans to increase the amount of funds allocated for road repairs in 2017.

At the moment the main sources of financing are several types of excise taxes and duties.

The allocation of funds to roads occurs as a residual, after satisfying the requirements of other sectors of the economy. To schedule repairs for the next few years with this approach impossible.

With the adoption of the law, within the special Fund budget will create a separate road Fund, which will receive funds from paid duties and excise duties. Most importantly — the money will be targeted. They cannot be used for anything else, except the repair of roads.

We will remind, in 2016 for roads has allocated 31 billion hryvnia, of which directly on the repair was supposed to go about 19.4 billion hryvnia. Theoretically, the adoption of the law will allow that amount in 2017 to increase at least twice.

As earlier reported, in November the Prime Minister of Ukraine Vladimir Groisman said that the season of performance of works on restoration of roads after the winter period in 2017 will begin in April.

Council established the State road Fund 17.11.2016

Ноябрь 17th, 2016 by
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