Government To Allocate UAH 11.2B To Prepare 210 Critical Facilities For Winter In Kyiv And Frontline Regions
During the meeting, officials reviewed the progress of resilience plans in the Chernihiv and Sumy regions, and separately discussed steps to implement the resilience plan for Kyiv submitted by city authorities.
“We have identified priority funding needs to protect critical infrastructure in nine frontline regions and the city of Kyiv. In total, we have selected 210 critical infrastructure facilities, with work set to begin in the coming days. To support these tasks, we are preparing to allocate UAH 11.2 billion from the state budget's reserve fund at the next government meeting,” Svyrydenko said.
She noted that the funds will allow construction of new protective structures to begin as soon as possible.
In addition, the government and local authorities coordinated priorities for cooperation with international partners to secure additional funding for resilience plans and strengthen the protection of energy infrastructure.
“We are finalizing deregulation measures and additional support for businesses. We are developing an affordable lending program for energy independence, offering a fixed interest rate of 7% per year for the entire loan term. Under the '5-7-9%' program, loan terms for frontline regions will be extended until the end of 2027,” Svyrydenko added.
Read also: Kyiv has one week to finalize city's resilience plan - ZelenskyEarlier, on March 6, the first meeting of the Coordination Center approved the allocation of UAH 10 billion for resilience measures. The total cost of implementing all resilience plans exceeds UAH 215 billion, with the government planning to attract international partners to help finance the projects.
Legal Disclaimer:
MENAFN provides the
information “as is” without warranty of any kind. We do not accept
any responsibility or liability for the accuracy, content, images,
videos, licenses, completeness, legality, or reliability of the information
contained in this article. If you have any complaints or copyright
issues related to this article, kindly contact the provider above.

Comments
No comment