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Russia might spend on Crimea $3.7 billion in 2014 - minister

May 13, 2014, 13:54 UTC+3 KALININGRAD
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KALININGRAD, May 13./ITAR-TASS/. Russia's federal budget spending on Crimea might reach 130 billion rubles ($3.7 billion) to 200 billion rubles ($5.7 billion) annually in the next few years, Minister of Economic Development Alexei Ulyukayev told reporters.

The ministry estimates the spending at 130 billion roubles in 2014 up to 200 billion roubles in 2016 which will be annual spending in subsequent years, Ulyukayev said.

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