MOSCOW (Reuters) - About 140 cinemas in Russia will miss out on scheduled modernisations after the government moved nearly 1.2 billion roubles (13.39 million pounds) earmarked for culture spending this year to its reserve fund as it tackles COVID-19.
The coronavirus outbreak has forced the government to adjust spending goals in 13 key areas, known as the national projects, first announced by President Vladimir Putin during his bid for re-election in 2018. The projects are intended to spur economic growth.
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