Oil price downturn and federal budget cutback will not affect financing of Crimean programs established in the target-orientated program for socioeconomic development of the Crimean Federal District till 2020, “the head” of Crimea Sergey Aksenov thinks. He informed journalists about that during a brief meeting.
“It is not going to affect the federal target-orientated program. The president said that Crimea is the holy site and it should be taken care of. Money has never been invested in Crimea in such an amount, that’s why, there will be no reduction of the federal target-orientated program for Crimea,” Sergey Aksenov emphasized.
Power industry, water supply system and food supply security have been specified as the priority sectors of funding in the program.
Reference: The federal target-orientated program for “the socioeconomic development of the Crimean Republic and city of Sevastopol till 2020” that has been approved by the Degree of the Russian Government from August 11, 2014 provides for determination of maximum financing limit using the federal budget funds to the extent of RUR 658135.88 MIO.
