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Putin extends to 2016 special procedure to set budgets in Crimea

December 29, 2015, 17:24 UTC+3 MOSCOW
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MOSCOW, December 29. /TASS/. Russian President Vladimir Putin on Tuesday signed amendments to the federal constitutional law on making the Republic of Crimea and the federal city of Sevastopol part of the Russian Federation, which extend to 2016 the special procedure to set draft budgets in new Russian constituent members.

The document has been posted on the official website of legal information.

"The federal constitutional law extends the validity of peculiarities of setting draft budgets of the Republic of Crimea, the budget of the federal city of Sevastopol and local budgets, set for 2015 by the government of the Russian Federation, as well as implementation of the mentioned budgets and formation of the budgetary reporting for 2016," say accompanying documents to the law.

Crimea’s reunification with Russia

The Republic of Crimea and Sevastopol, a city with a special status on the Crimean Peninsula, where most residents are Russians, refused to recognize the legitimacy of authorities brought to power amid riots during a coup in Ukraine in February 2014.

Crimea and Sevastopol adopted declarations of independence on March 11, 2014. They held a referendum on March 16, 2014, in which 96.77% of Crimeans and 95.6% of Sevastopol voters chose to secede from Ukraine and join the Russian Federation. Russian President Vladimir Putin signed the reunification deals March 18, 2014.

Despite Moscow’s repeated statements that the Crimean referendum on secession from Ukraine was in line with the international law and the UN Charter and in conformity with the precedent set by Kosovo’s secession from Serbia in 2008, the West and Kiev have refused to recognize the legality of Crimea’s reunification with Russia.

Crimea had joined the Russian Empire in 1783, when it was conquered by Russian Empress Catherine the Great.

In the Soviet Union, Crimea used to be part of Russia until 1954, when Nikita Khrushchev, the first secretary of the USSR’s Communist Party, transferred it to Ukraine's jurisdiction as a gift.

With the collapse of the Soviet Union in 1991, Crimea became part of newly independent Ukraine and remained in that capacity until March 2014, when it reunified with Russia after some 60 years as part of Ukraine.

According to the Crimean and Ukrainian statistics bodies, as of early 2014, Crimea had a population of 1,959,000 people; Sevastopol has a population of 384,000 people.

Work to integrate the Crimean Peninsula into Russia’s economic, financial, credit, legal, state power, military conscription and infrastructure systems has been actively underway since Crimea acceded to the Russian Federation.

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