The corresponding resource will be generated by excise taxes on cars and fuel, as well as other payments.
Revenues from the State Road Fund, which was created as part of the special state budget fund, will be directed to the general fund of the state budget in 2024 to strengthen the army and strengthen the state defense. This is contained in the changes to the Budget Code, the report of the Ministry of Finance.
“All funds from the road fund for the next year (94.7 billion UAH) will be redirected to defense needs, which will allow us to mobilize all possible internal resources in this direction. This is not only an investment in success, but also the creation of new jobs and support for the economy.” ,” said Finance Minister Sergei Marchenko.
Corresponding resources will be generated from excise taxes on cars and fuel, as well as other payments that finance the construction and repair of roads. At the same time, next year the road industry will continue to receive funding from three main sources.
As reported by the Ministry of Finance, the balances of the funds, the source of which is the revenues of the State Road Fund as of January 1, 2024, which were not used in the previous budget periods (2021-2023), will be used to ensure immediate measures related to winter road maintenance. .
Roads needed for military purposes will be financed from the reserve fund of the Ukrainian government. In addition, the construction and repair of roads is also planned within the framework of projects financed by international financial organizations and governments of partner countries, the ministry said in a statement.
Infographics of the Ministry of Finance
Let’s recall that in September of last year the Verkhovna Rada returned the opportunity to use funds from the Road Fund for road construction.
As reported, on November 8, 2023, the parliament passed a law redirecting the so-called military tax on personal income (NDFL) from local budgets to the state budget to direct these funds mainly to purchase of drones and weapons.
Source: korrespondent
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