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Russian government to allocate up to 12 bln roubles to help Far East recover from floods

Thus, up to 10.647 billion roubles will be allocated from the government’s reserve fund to the Republic of Sakha (Yakutia)

Photo ITAR-TASS / Dmitry Morgulis

Photo ITAR-TASS / Dmitry Morgulis

MOSCOW, September 6 (Itar-Tass) - Russian Prime Minister Dmitry Medvedev has signed a resolution to allocate about 12 billion roubles to help Russia’s Far Eastern regions recover from the devastating floods, the press service of the Russian government reported on Friday.

Thus, up to 10.647 billion roubles will be allocated from the government’s reserve fund to the Republic of Sakha (Yakutia), the Primorsky and Khabarovsk Territories, the Amur and Magadan regions, and the Jewish autonomous region. Apart from that, additional financial aid worth 1.32 billion roubles will be allocated to these constituent regions from the federal budget to issue one-time allowances to people whose property was affected by the floods.

According to the press service, the recent disastrous floods in the Far East inflicted major damages to people’s property, residential houses, bridges, motor roads, public services utilities, social facilities, transport and farming sector infrastructure.

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