Kiev will reduce costs due to coronavirus

Expenses will be cut by almost 1.4 billion.

The city Council intends to revise the budget of the city for the year 2020 due to the coronavirus. On the proposed cuts on Tuesday, March 24, said MP Michael budyliv, reports the Chronicle.info with reference to the Correspondent.

“The main reason for the decrease in revenues in connection with the pandemic and the adoption by Parliament of the new laws. Klitschko proposes to reduce the budget for the General Fund 1,394 billion hryvnia, and on special on 221,38 million hryvnia,” — he wrote.

The expenditure budget will be increased by 3,076 billion UAH for the General Fund and reduced by 372 million UAH on special.

“Costs are reduced for capital repairs of educational institutions, healthcare and sports industry, reconstruction of parks and squares, the acquisition of social housing, roads and lighting,” wrote budyliv.

According to the budget in 2020, income of Kiev is set at 58,76 billion hryvnia, expenses — 58,83 billion.

As you know, the budget of Ukraine is also planning to revise the pandemic coronavirus.

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Gepostet von Michael Bulow am Dienstag, 24. März 2020

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