DataLife Engine / Russian Ministry of Finance curbs expenditure twofold on road constriction

Russian Ministry of Finance curbs expenditure twofold on road constriction

However, road construction isn’t the only budget article that falls within contraction. As Yeroshkina put it, all inter-budgetary transfers will be cut by 15,5% in 2017, first of all, the contraction will impact public subsidies.

“Transfers, which are connected with providing support for the regions’ construction activity, will be curbed approximately twofols”, - said Yeroshkina.

Over the course of the meeting in the city of Kazan, she reminded that since 2014, a stage-by-stage annulment of federal subsidies in the regions’ taxes has been implemented.

 

25-07-2016, 12:32
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