All news

Some RUR40 billion to be allocated to deal with Far East floods aftermath

“The financing must be ensured timely,” the President noted

MOSCOW, September 30 (Itar-Tass) - The Russian Finance ministry plans to allocate about 40 billion rubles before the end of 2014 to cope with the aftermath of floods in Russia’s Far East, Finance Minister Anton Siluanov said at a Kremlin session.

Briefing President Vladimir Putin on work to draft the budget for the next three years that will be submitted to parliament on Monday, the minister said “We have taken into account the resources necessary for dealing with the aftermath of floods in the Far East. We believe a sizable part of these resources will be allocated already this year”.

“The amount of money we plan for this and the next year is about 40 billion rubles. This is big money. But I repeat once again that we expect to take into account their sizable part in preparing amendments to the 2013 budget,” the minister said.

“The financing must be ensured timely,” the President noted, for his part. “It is clear that all houses that are to be built cannot be built immediately, but the financing of this work must be done so that to avoid any delays,” he said.

“As for compensations due for the loss of movable property or its repair, this must be ensured immediately after the commissions determining the scope of damage finish their work,” Putin said. “The same refers to capital repair,” he added.