The Cabinet approved the extension of the list of capital investment projects intended for state authorities. The projects financed with money provided by the development partners as sector budget support will also be included as capital investment projects in the state budget. These projects include the grants, foreign loans intended for the construction, renovation, extension or reconstruction of buildings and public facilities, IPN reports.
The made changes are expected to lead to an increase in the number of capital investment projects. The given adjustment is one of the conditions of the World Bank’s financial assistance program for ensuring efficiency and transparency in the area of public capital investments.
The capital investment projects are examined by a working group led by officials of the Ministry of Finance.
