Russia will decrease Crimea’s financing to 18.2 billion dollars

Russia will decrease Crimea’s financing to 18.2 billion dollars


The Russian Ministry for Crimea finished the development of the federal directive program for the development of the peninsula and will send it today to the Russian Ministry for Economical development to propose it to the government, reported the deputy Minister of Crimean Affairs Andrey Sokolov to RBC.

As the head of the Russian Ministry for Regions Igor Sliunyayev, in the end draft of the program the prescribed financing has been decreased to 18,2 billion USD until 2020 as opposed to the 29,4 billion USD the Ministries requested earlier.

What will be sacrificed to decrease expenses as opposed to the first drags, the head of the Russian Ministry of the region did not say. However the governors are going to save on the most expensive Crimean project as well, the construction of the Kerch bridge. The financing for this project is planned “according to an economical scenario,” Sliunyayev told the journalists.

Source: Korrespondent

Translated by Mariya Shcherbinina

To suggest a correction or clarification, write to us here

You can also highlight the text and press Ctrl + Enter

Please leave your suggestions or corrections here



    Leave a Reply
    Euromaidan Press

    We are an independent media outlet that relies solely on advertising revenue to sustain itself. We do not endorse or promote any products or services for financial gain. Therefore, we kindly ask for your support by disabling your ad blocker. Your assistance helps us continue providing quality content. Thank you!

    Related Posts