With Ukraine’s new Road Fund filling up at the rate of $2 billion a year, managers of waterways and railways want a liberal interpretation of its mandate.

Thursday, June 27, 2019
With Ukraine’s new Road Fund filling up at the rate of $2 billion a year, managers of waterways and railways want a liberal interpretation of its mandate.

With Ukraine’s new Road Fund filling up at the rate of $2 billion a year, managers of waterways and railways want a liberal interpretation of its mandate. In addition to building roads, the Road Fund could help repair shipping locks on the dams of the Dnipro cascade, argues the State Enterprise of Waterways. Similarly, Andriy Ryazantsev, Ukrzaliznytsia’s business development director, says the Road Fund could pay for 15 new 10-car trains for the state railroad. In response, Ukravtodor, the state highway agency, says the purpose of the Road Fund is to build roads.

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