Government issues Decree following proposal of Ministry of Finance to arrange funding for vocational schools

2/4/16

Today, on February 4, the Government of Ukraine followed a proposal from the Ministry of Finance and adopted a decree aimed to secure funding for vocational schools by providing a stabilization subsidy to the local budgets from the State budget dedicated to these educational institutions.

According to this decree, funds for vocational schools totaling UAH 500m shall be transferred to regional budgets where they shall be distributed between towns of regional significance which lack resources for vocational education.

The above decree is aimed to help financially handicapped local budgets which are currently not able to finance vocational education properly.

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