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  • Subsidies and benefits will be monetized, this is the money belonging to the people, assures Volodymyr Groysman
    Information and Communication Department of the Secretariat of the CMU, posted 16 May 2019 19:37

    The process of monetization of utility subsidies and benefits is not a one-time action, but a systematic process that has been launched and will prolong. These funds are the Government support and it belongs to the people. The Prime Minister of Ukraine Volodymyr Groysman said on air of the Ukrayina TV channel.

    "People have state support for paying for the services. It is significant. The statistics is as follows: we have monetized subsidies for 3.4 million households. For these purposes we have directed UAH 5.7 billion", said Volodymyr Groysman. "This is the money of people. It is crucial to ensure the people receiving funds and understanding the rates and estimated cost of services."

    The Head of Government stressed that the process of monetization of subsidies is closely linked with the processes of modernization of the communal services, which is within the responsibility of the local authorities. Due to the decentralization reform, a significant resource intended to spend on network upgrades, installation of metering devices, and the introduction of cost-effective technologies has been transferred to the regions.

    "I hear now that in cities hot water supplies are suspended. So I urge local authorities not to turn off the water, but to modernize the networks. The funds for these purposes are available", added Volodymyr Groysman.

    Besides, the Pm drew attention to the fact that the experience of monetization of subsidies will be taken into account when monetizing other benefits. Work in this direction will commence, according to the Head of Government, from October of this year.

    Subsidies and benefits will be monetized, this is the money belonging to the people, assures Volodymyr Groysman