Russia allocates first funds for Crimea's budget


  • World
  • Friday, 28 Mar 2014

MOSCOW (Reuters) - Russia approved an initial financial aid package for Crimea on Friday to help the local economy as it consolidates control over the region it annexed from neighbouring Ukraine this month.

Finance minister Anton Siluanov said on Wednesday that Russia would spend up to 243 billion roubles (£4.09 billion) in Crimea this year, to be financed from the budget reserve.

Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In World

Rains in southern Brazil kill at least 31, more than 70 still missing
Panama top court deems presidential frontrunner's candidacy constitutional
Georgian PM calls U.S. criticism of draft 'foreign agents' law false
Boeing sending first astronaut crew to space after years of delay
Former Trump aide Hope Hicks testifies in criminal trial
Ukrainian agent killed before he could attack fuel terminal - Russian FSB, cited by Interfax
Chad prepares to vote in a coup-hit region, wary allies look on
Heatwaves and outages test support for juntas in Chad and Mali
Ethiopia's Amhara militia says resettlement plan 'beats war drum'
You’re surrounded by scammers

Others Also Read