On October 7, through the renaming and optimization of the structure of one of the existing charitable foundations, the Municipal Economic Development Fund "MER" was created in Lutsk. Representatives of the city's most powerful business structures and respected public and political figures agreed to join the Fund's Supervisory Board. An experienced economist and manager, former head of the main department of economy of the Volyn Regional State Administration – Taisiia Batorevych – was elected as the Head of the Fund.