Glad he clarified the concept of “public investment”

Рада уточнила понятие "государственное инвестирование"

The Verkhovna Rada

The Verkhovna Rada of Ukraine clarified the term “public investment”. For a decision voted 238 deputies.

We are talking about the draft law on amendments to the law of Ukraine “On investment activity” No. 5105.

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The draft law was developed with the purpose of reduction in compliance of the provisions of the law of Ukraine “On investment activity” law of Ukraine “On amendments to the Budget code of Ukraine concerning the state investment projects”, as well as improving the evaluation, selection and monitoring of investment projects, the implementation of which can be supported by the state:

Delimitation of concepts such as “public investment” and “government support”;

– Decentralization of decision-making on investments by introducing the concepts of “public investment”, “local investment” and harmonization with the budget legislation;

– Simplification of procedures for obtaining state support for the implementation of investment projects by modifying the role of the State register of investment projects permits to informative;

– Making projects that receive state support and public investment projects in the State register of investment projects with the aim of monitoring their implementation.

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