Logo
  Saturday, June 25, 2022
Sign-In  |  Sign-Up  |  Contact Us  |  Bookmark 

The Russian government will spend 120.6 billion rubles ($5 billion)
The Russian government will spend 120.6 billion rubles ($5 billion) on the development of the North Caucasus Republic of Chechnya over the next four years, Russian Prime Minister Vladimir Putin said on Monday.

The federal program for the social and economic development of Chechnya in 2008-2011 drafted by the government aims to create tens of thousands of jobs in the republic, boost industrial output 100% and create a resources base to develop local social and transport infrastructure, Putin said.

Chechnya, which saw two Kremlin-led military campaigns in the 1990s-early 2000s against separatist forces, needs funds to develop its infrastructure.

The premier said the new program differed considerably from the previous program implemented in the republic from 2002 and aimed at restoring the republic's war-ravaged infrastructure.

"Now we are switching to its [republic's] planned comprehensive development," Putin said.


Print The Russian government will spend 120.6 billion rubles ($5 billion) Bookmark The Russian government will spend 120.6 billion rubles ($5 billion)

Related News   
MayJune 2008Jul
MoTuWeThFrSaSu
2627282930311
2345678
9101112131415
16171819202122
23242526272829
30123456