Govnt increases authorized capital of Energy Efficiency Fund up to UAH 1.6 bln – Zubko

Govnt increases authorized capital of Energy Efficiency Fund up to UAH 1.6 bln – Zubko

The Cabinet of Ministers of Ukraine has increased the amount of an authorized capital of the Energy Efficiency Fund up to UAH 1.6 billion.

The corresponding decision was made at a government meeting on Thursday, an Ukrinform correspondent reported.

"We provided a financial basis for the work of the Energy Efficiency Fund, increasing its authorized capital to UAH 1.6 billion. These funds were included in the state budget for 2018. This will allow launch the full-fledged work of the Fund, as well as implement its energy efficiency programs in the housing sector," Vice Prime Minister - Minister for Regional Development, Construction, Housing and Utilities Hennadiy Zubko commented on the decision.

At the same time, he recalled that in addition to the budget means, the Fund's programs would be co-financed by international partners.

As reported, the Energy Efficiency Fund of Ukraine was officially registered as a state agency on July 24.  


Let’s get started read our news at facebook messenger > > > Click here for subscribe

While citing and using any materials on the Internet, links to the website not lower than the first paragraph are mandatory. In addition, citing the translated materials of foreign media outlets is possible only if there is a link to the website and to the website of a foreign media outlet. Citing and using materials in offline media, mobile apps, Smart TV are allowed only with written permission from Ukrinform. News and publications marked as "Advertisement" and "PR" and articles in the section "Releases" include promoted content, and an advertiser is responsible for the content.

© 2015-2019 Ukrinform. All rights reserved.

Website design Studio Laconica

Extended searchHide extended search
By period: