Date: 4 months ago   Category: Financial

Ukraine approved the mechanism of monetization of subsidies


Since January 1 the subsidy to households which will for the first time address for its receiving will be provided in cash, the minister of a social policy reported. The cabinet of Ukraine approved the mechanism of monetization of subsidies for the end user. The relevant decision is made at a meeting of the Government on Thursday, December 27, write Ukra┬žnsk_ Novini. According to the minister of social policy Andrey Reva, the draft resolution provided that since January 1, 2019 the subsidy to those households which will for the first time address for its receiving will be provided in cash. Since May subsidies will receive in cash all households for not heating season, and since October monetization will concern all recipients of a subsidy. According to the minister, stage-by-stage introduction will allow to fulfill the mechanism on the limited number of recipients. "The sum of subsidies will be directly charged on the personal account of the recipient in banking institution. At the same time financing will take place at the central level", - Reva told. Funds will be allocated only for payment of utilities, at the same time balance which were saved by family, will be able to use on the discretion in the full sum, but not partially as was earlier. As it was reported, recipients of subsidies in Ukraine became more. Ukrainians were told how will pay subsidies in 2019 to News from the Correspondent.netv of Telegram. Subscribe for our https://t.me/korrespondentnet channel

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