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RF govt orders to audit major investment projects

Prime Minister Dmitry Medvedev has signed the corresponding resolution

MOSCOW, May 8 (Itar-Tass) - The Russian government has ordered to conduct a technological and price audit of major investment state-participation projects in 2015. Prime Minister Dmitry Medvedev has signed the corresponding resolution, the government press service said on Wednesday.

The resolution is aimed at ensuring that a public technological and price audit will be carried out to audit major investment projects that are financed by the state directly from the budget and implemented within federal investment programmes and with the use of the Investment Fund of the Russian Federation.

The Federal executive authorities are expected to prepare an appropriate methodological and legal basis to conduct the audit and work out proposals to improve the audit process in 2015, the press service said.

The document is published on the government's official website.

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