“Budget-2025: DFRD returns with billions in funding The project of the State Budget-2025 provides for the restoration of the State Fund for Regional Development with funding of UAH 1 billion. The distribution of funds is planned to be carried out through the participation budget in large cities.”, — write on: unn.ua
Details
“The FDRR is coming back. The Budget-2025 project for the second reading provides for the return of the fund. Testly in the amount of UAH 1 billion,” said People’s Deputy Bezgin on Facebook.
He pointed out that this is a “joint position, amendments and advocacy” of the Ministry of Community and Territorial Development, the specialized committee of the Parliament, the first deputy chairman of the Verkhovna Rada Oleksandr Kornienko.
“We thank the government for listening. The next step will be appropriate changes to the Budget Code in order to return the fund to the status of an instrument,” Bezgin said.
Commenting on the hope that “the people’s deputies and heads of the OVA will not distribute funds in a ‘manual’ way”, Bezgin assured that “now the participation budget will be distributed in large cities, and everything will be fine”.
Addition
The RFRD is called the largest source of competitive budget financing for the implementation of regional development projects, although the effectiveness of the use of the funds of the fund has been questioned due to significant political influences at the local, regional and national levels.