Russia and Turkey hit Islamic State targets near al-Bab in Aleppo provinceWorld January 23, 20:06
Russia’s 4th Yasen-class submarine completes hydraulic testsMilitary & Defense January 23, 18:56
Arctic airport in search for investorsBusiness & Economy January 23, 18:50
Rosneft begins Arctic shelf’s seismological exploration from 2017Business & Economy January 23, 18:38
Tesla takes the lead in sales of electric cars in Russia in 2016Business & Economy January 23, 18:18
Politician says European-style reforms to degrade Ukraine’s economyWorld January 23, 18:16
Russia has potential to further upgrade MiG-31 fighter jetsMilitary & Defense January 23, 18:10
Russian cinema sets box office record chalking up nearly $145 mln in 2016Society & Culture January 23, 17:37
German foreign minister says long-term solution to Syrian crisis to be discussed in GenevaWorld January 23, 17:34
BALI, Indonesia, October 6 (Itar-Tass) - Russia’s Economic Development Ministry believes it possible to provide 1.2 trillion roubles from the National Prosperity Fund to implement infrastructural projects, Minister Alexei Ulyukayev said.
“We’ll talk about 40 percent, but this is only our vision. This sum has not been recorded in any regulatory documents. It seems to be that 40 percent equals to 1.200 trillion roubles,” Ulyukayev said.
A total of 450 billion roubles out of this sum are being invested in the well-known projects - to reconstruct the Trans-Siberian Railway and the Baikal-Amur Mainline, as well as the Moscow-Kazan high-speed railway. “We’d like other projects to be added to the priority ones,” the Russian minister said.
It will be necessary to agree with the Finance Ministry how much funding may be provided from the National Prosperity Fund to investment projects, Ulyukayev said.
“The Fund’s money can be allocated to implement the projects and not to be invested in financial instruments. We believe that investments in VEB deposits are another financial instrument,” Ulyukayev said.