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Belarus President approves State Investment Program for 2018

By   /   February 2, 2018  /   Comments Off on Belarus President approves State Investment Program for 2018

MIL OSI – Source: President of the Republic of Belarus – Press Release/Statement

Headline: Belarus President approves State Investment Program for 2018

1 February 2018

Belarus President Alexander Lukashenko has approved
the State Investment Program for 2018.
In view of the investment capacities of the state
budget, the program envisages the concentration of funds on the facilities commissioned
in 2018 and on the projects nearing completion.
The funds to be allocated for 101 facilities listed in
the 2018 state program will total Br429.17 million, including Br81.92 million
worth of state capital investments, Br162.08 million from the state targeted
budget fund for national development, Br81.48 million from the Reserve Fund of
the Belarus President, Br42.76 million from the Belarusian Road Fund, Br37.53
million out of the funds for the preservation and expansion of arable lands.
All in all, 34 facilities are to be commissioned in
2018.
In accordance with the 2018 program, the state will
start financing the construction (renovation) of 30 facilities, including a
kindergarten for 230 students, a secondary school for 765 students, a children’s
art center and a multifunctional sports center in Ostrovets, a fire station in
Brest, a bridge over the Pripyat River on highway P88 between Zhitkovichi and
the Ukrainian border, and eight residential houses for families bringing up
children left without parental care. Plans have been made to commission 13
facilities in 2018.

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