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Customs allocated 8 bn hryvnia for road repairs in eight months

The experiment looks like a mega-success.

Customs allocated 8 bn hryvnia for road repairs in eight months
Photo: Photo: Vladyslav Musienko

The State Fiscal Service in January-July has transferred over 8 bn hryvnia to local budgets for road repairs, the Cabinet said Friday in a release on Facebook.

A pilot project, in which half of the extra-budgetary receipts from customs are channelled for road repairs, took off last September in Volyn, Lviv, Odesa, Chernivtsi regions and Kyiv. Since then, the customs in these regions earned over 2 bn hryvnia for repair of roads.

Since January 2017, the experiment has been extended to the entire territory of Ukraine.

In March, Prime Minister Volodymr Groysman said he expected UAH 7 to 9 bn in revenue from customs for road repairs in 2017.