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Crimea and Sevastopol

Budget of Crimea, Sevastopol to get more than Rub 13 bln from RF budget in 2014

MOSCOW, March 27, /ITAR-TASS/. The budget of the Republic of Crimea and Sevastopol in 2014 will receive more than 13 billion roubles from the RF budget, say materials for Thursday’s meeting of the Russian government.

“Taking into account the current situation with the implementation of the budgets of the Republic of Crimea and Sevastopol, it is proposed, using the indicated funds, to provide in 2014 from the federal budget an additional financial assistance to the budget of the Republic of Crimea worth 10.7 billion roubles and to the budget of Sevastopol - 2.4 billion roubles in subsidies for the support of measures to ensure the budget balance of the constituent entities of the Russian Federation,” the document says.

The federal law “On the 2014 Federal Budget and Planning Period of 2015 and 2016” provides for the allocations worth up to 342.9 billion roubles for additional measures for the support of the economy sectors, small and medium businesses, the labour market, company towns and social support of citizens, including by way of granting inter-budgetary transfers.

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Crimea and Sevastopol

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