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Over 11 bln roubles to be transferred to Far East to recover from floods

September 29, 2013, 19:03 UTC+3

Another three billion roubles go to restore roads and bridges

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MOSCOW, September 29 (Itar-Tass) - A total of 11.7 billion roubles will be allocated within days to help eliminate the consequences of the recent devastating floods in the Russian Far Eastern regions, chairman of the budget and tax committee of the Russian State Duma lower parliament house, Andrei Makarov, told Russia’s TV Channel One on Sunday.

As of today, in his words, a total of 19.9 billion roubles have been transferred from the federal budget, of which 13 billion roubles - from the government’s reserve fund.

The sum of 11.7 billion roubles “has been agreed and will be transferred in a couple of days,” he said. “It is important to see to it that not a single kopeck is wasted.”

According to Makarov, three billion roubles go to finance shipments. Another three billion roubles go to restore roads and bridges.

“People borrowed from banks and we are waiting what the banks would say to our request not to call in loans for the time being,” he added.

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