Prime Minister of Ukraine urges local authorities to invest in energy efficiency

Created date

01 09 2016

Prime Minister of Ukraine Volodymyr Groysman urges local authorities to use a growth of local budgets as a result of the decentralization reform on energy efficiency measures and other problems of community, but not to keep these resources on deposit in banks for interest. This was stated by the Head of the Government during a Cabinet meeting on Wednesday, August 31.

"Colleagues, if we want to become energy efficient, invest in infrastructure to create new jobs, improve education system, treatment, we cannot send funds on deposit in banks, at the time when people's problems are unresolved. Billions that should work for the Ukrainian citizens are kept on deposit on a permanent basis by some municipalities. Invest these resources in energy efficiency!", Volodymyr Groysman urged local authorities.

Such measures will allow you to save money on energy, increase the income of local budgets and enhance the competitiveness of cities, villages, towns.

The Prime Minister noted that today local budgets have the funds as a result of decentralization. We also have resources of the State Regional Development Fund and governmental grants for economic and social development and they will be stored. "But I want to emphasize that responsibility lies on the local authorities directly", Volodymyr Groysman said.

According to the  information of the Government portal: