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Draft state budget for 2022 provides UAH 34 bln of subsidies for housing services – Finance Minister

KYIV. Sept 15 (Interfax-Ukraine) – Expenses for financing subsidies for housing and municipal services in the draft state budget for 2022 are provided at the level of UAH 34 billion, according to materials presented by Minister of Finance Serhiy Marchenko.

"In the heating season of 2021-2022, financing of benefits and subsidies for housing and utilities services will be fully ensured," he said, presenting the draft law on the state budget of Ukraine for 2022 during a government meeting.

In addition, according to the minister, it is proposed to envisage spending on social security in the amount of UAH 320.1 billion.

"It is proposed to provide UAH 200.6 billion for pensions in 2022," Marchenko added.

The budget of the Pension Fund of Ukraine is expected to amount to UAH 531.2 billion, which is UAH 31 billion more than in 2021. At the same time, additional expenses for the indexation of pensions from March 1 are provided in the amount of UAH 28.2 billion, payments to military pensioners – UAH 10.6 billion, recalculation of pensions to Chornobyl victims – UAH 2.5 billion.

Expenditures on medicine in the draft state budget for 2022 were increased by UAH 31 billion – to UAH 193 billion, on education – by UAH 21 billion, to UAH 185 billion.

At the same time, it is proposed to envisage expenses for the construction of highways at the level of UAH 124.1 billion, while the plan for 2021 is UAH 123.9 billion. Of the amount planned for 2022 some UAH 78.6 billion are from the road fund, UAH 40 billion is proposed to be attracted as borrowings under state guarantees, UAH 5.5 billion may be funds of international financial organizations and foreign governments.