The Verkhovna Rada approved relevant amendments to the law on the state budget for 2020 on November 17, the press service of the Ministry of Energy and Environmental Protection reports.
The funds will be transferred from the obligatory payments of Naftogaz and Ukrnafta to the state budget. The law will also help replenish the special Fund to combat COVID-19 with UAH 8.9 billion.
As previously reported, the Energy Ministry completed the development of a draft concept for the reform of the coal industry, which among other goals aims to optimize state budget expenditures. During the development of the document, the Energy Ministry studied the experience of Germany in transforming coal monotowns into modern innovation centers.
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