16 projects of Transcarpathian region for a total amount of more than UAH 47 million under the state program "State Fund for Regional Development" were approved at the Government meeting on Wednesday, May 15.
The Regional Commission for the selection of projects jointly with the Regional State Administration in accordance with the provisions of the Resolution No. 196 "Some Issues of the State Fund for Regional Development" formed a list of 50 regional development projects to be financed at the expense of the state fund. Currently, at the meeting of the Cabinet of Ministers of Ukraine, they considered only the projects which were launched in previous years and have not been completed in accordance with applications submitted for participation in the competition, or so-called transitional projects. The approved projects for Transcarpathian region include projects in the field of road economy, education, coastal protection, energy saving, etc. In the near future, the Ministry of Finance will start financing the projects from the state budget.
In 2019, UAH 285 million is provided for the Transcarpathian Regional State Administration for the implementation of the regional development projects. A mandatory requirement for receiving funds from the state budget is the co-financing of at least 10% and the compliance with the strategic documents of the region’s development.
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