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Cabinet approved the reformation project of housing and communal services

On today’s session the government approved the draft bill on the state program of reformation and development of the housing and communal services, the minister Oleksiy Kucherenko said at the briefing.

The Minister noted that despite milliards of investments the situation in this sphere still leaves much to be desired.

He informed that the government decided that the housing and communal services must function “on market basis”.

According to Kucherenko, it is necessary to do everything possible to make these enterprises profitable. He said that reformation of the housing and communal services requires tens and hundreds of milliards. The Minister informed that the reformation of the sphere would be financed at the expense of tariff rise, budget subsidies and loans.