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Russian authorities to allocate over $19 million for Crimea's transport
Russian Prime Minister Dmitry Medvedev has signed a decree allocating subsidies from federal budget to fund the transport industry in the Crimean Federal District in 2014, the Russian government website stated on Wednesday.
The government will allocate more than seven billion roubles ($19 million) for these purposes.
Subsidies and inter-budgetary transfers will be allotted particularly for passenger traffic to the Russian Republic of Crimea and back, construction and overhaul of Simferopol airport, reconstruction of the maritime railway and motor ferry line at the Russian Crimean seaport of Kerch.
Subsidies and inter-budgetary transfers will be also used to make air passenger traffic to Simferopol and back accessible, fund "road activity on highways of regional, inter-municipal and local importance" in Crimea and operation of the Crimean state-run railway, the decree said.
"Allocations will be made from budget assignments envisaged for the Finance Ministry to fund additional measures to support economy, small and medium businesses, labour market, mono-profile municipal entities and social support of people. The decree permits to improve transport provision in the Crimean Federal District that is particularly important in a season of vacations with a higher passenger traffic," the decree runs.
[Source: Itar Tass, Moscow, 07May14]
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