Medvedev: 514 billion rubles from the budget will go on subsidies to the regions

Medvedev: 514 billion rubles from the budget will go on subsidies to the regions


Speaking at a meeting on social Affairs, Prime Minister of Russia drew attention to the importance of the state program of development of Federal relations and create conditions for effective and responsible management of regional finances.

SLIDES, 13 Oct. More than 650 billion rubles budgeted 2016 for the state programme of development of Federal relations, 514 billion of them — subsidized regions, said Prime Minister Dmitry Medvedev.

“One important tool is the state program of development of Federal relations and the creation of conditions for effective and responsible management of regional finances. On its implementation in the draft budget for 2016 provides more than 650 billion rubles. As part of these funds in 2016 5.5% increase grants for leveling the budget supply to constituent entities of the Russian Federation, their total volume will be about 514 billion rubles,” — said Medvedev at a meeting on social Affairs.