Date: 7 months ago   Category: Financial

The Cabinet of Ministers approved write-off to Kiev nearly 3 billion UAH of debts


The government about 2.9 billion hryvnias of a public debt of Kiev made the decision on write-off coordination. The cabinet of Ukraine approved write-off of 2.9 billion hryvnias of a public debt of Kiev. The government made the relevant decision at a meeting on Tuesday, December 18, RBC Ukraine reports. In particular, it is specified that a part of obligations of Kiev in the volume equal to volume of the confirmed cash expenses made in 2018 from the city budget is subject to write-off. Namely: - on construction of the Podolsk and Voskresensky bridge crossing through Dnieper - no more than 1 billion hryvnias; - on construction of the site of the Syretsko-Pechersky line of the subway from the Raw station on the inhabited Wine-grower array from electrodepot in the Podolsk district of Kiev and collecting pipes - no more than 2.6 billion hryvnias; - on capital repairs of networks of external illumination of Kiev with replacement of mercury and sodium lamps by light-emitting diode - no more than 300 million hryvnias. Besides, as it is reported, write-off is carried out in the equivalent of foreign currency determined by an official rate of hryvnia to the US dollar established by National Bank for date of the specified expenses. Earlier in the Ministry of Finance said that on repayment and service of debts 417 billion hryvnias - nearly a third of the budget are provided in the state budget of Ukraine for 2019. Also it was reported that in October the national debt of Ukraine was reduced by 0.5% (350 million dollars), to 74.32 billion dollars. News from the Correspondent.netv of Telegram. Subscribe for our https://t.me/korrespondentnet channel

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