Society, Economics

 Cabinet intends to completely monetize subsidies by autumn of 2019, PM Hroisman says

The monetization of grants-in-aid for housing and utilities services is expected to be completed before the next heating season in the autumn of 2019.

This was said by Ukraine’s Prime Minister Volodymyr Hroisman in an interview with Ukrinform, Censor.NET reports.

"We must complete monetization by the autumn of 2019, which is by the beginning of the next heating season. We have already created a register of subsidies and are moving on. Certainly, the bureaucracy does not make it easier for us. But it makes nothing easier. This means a great deal of work but we will cope with everything," the PM said.

According to him, the monetization will be carried out in several stages and will begin on Jan. 1, 2019.

Hroisman also noted that a part of households, namely, 1,300,000 ones have already started receiving reimbursements for saved energy.

"On average, each household received 600-700 hryvnia in reimbursement. The next stage is to switch everyone to customer accounts. This is where we will transfer the government compensation for housing and utilities services payments and from where the funds should go to heating suppliers and other utility providers," Hroisman said.

He also assured that the budget-2019 provides for additional 4 billion hryvnia in grants-in-aid. The official recalled that 71 billion hryvnia were allocated for subsidies this year while next year this figure is going to be 55 billion hryvnia. At the same time, the PM stressed that those 71 billion hryvnia included 20 billion to cover the previous year’s debts so the net amount allocated for subsidies in 2018 was 51 billion.

Источник: https://censor.net.ua/en/n3093870