Cabinet cut by 35 billion UAH state target program of preparation for Euro-2012

by admin on July 22nd, 2009

Cabinet amended the state target program of preparations for the Ukraine in the finals of the European Championships in 2012 for football. It was reported today at a press conference, Minister of Family, Youth and Sports Yuriy Pavlenko.

He said that according to the decision of the total amount of funds provided under the program in preparation for Euro-2012 is 126 billion UAH 71 million (at 35 billion UAH lower than before these changes). Yuri Pavlenko said that 32 billion 923 million UAH are planned to spend from the state budget, 6 billion 866 million UAH - from the local budget and 86 billion 281 million UAH - from other sources, in particular investment. All expenditure plan for 5 years. In 2009, the state budget is planned to allocate 6 billion 909 million UAH from local budgets - 1 billion 765 million UAH.

In addition, the Cabinet approved the draft and the title of the reconstruction of the airfield buildings International Airport Kharkiv . The Government has also adopted a decree on attracting investment for the reconstruction of the Lviv airport. Pavlenko Yu stressed that the decision gives the start to the investment competition for attract investors for the reconstruction of the Lviv airport. He also noted that this decision is made public and the financial guarantee for the reconstruction of the airport Lvov.

This program and the decisions of UEFA give answers to the challenges that have been put to the Ukraine in order to protect the right to 4 host cities, - said the minister.

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