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Yuschenko Calling For Elaboration Of Program On Completion Of Half-Constructed Housing

11.12.2008

President Viktor Yuschenko has called for the elaboration of the program on completion of the half-constructed housing, he said this at the meeting with the leadership of the State mortgage institution, National Bank of Ukraine and the Finance Ministry.

"The crisis has touched upon the construction sector and tens of thousands of facilities left uncompleted. We could complete and sell these facilities to people in lines for the housing," he said.

To implement the program, the funds could be accumulated via the issue of securities by the Cabinet of Ministers and the State mortgage institution, the president said.

The president said that in the frames of this program, the housing completed only by less than 75% should be finished.

The president hopes for the speediest implementation of this program.

As Ukrainian News earlier reported, in mid-November, the Regional Development and Construction Ministry estimated the completion of the houses completed by over 50% at UAH 2 billion.

In autumn, the construction sector faced the sudden fall.

Ukrainian News Agency


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