Putin: PEF should maximise the efficient use of allocated funds

Putin: PEF should maximise the efficient use of allocated funds


In the present economic situation, it is necessary to use the allocated funds very efficiently, said President Vladimir Putin, stressing that under the current circumstances, projects that are not a priority, you may have to push back.

MOSCOW, 19 Jan. The Foundation for advanced studies should use the allocated resources very efficiently; projects that are not a priority, may have to move, said Tuesday the President of Russia Vladimir Putin.

“The allocated funds should be used extremely efficiently. We know about the processes that occur in the world economy, know about what is happening in the global markets, where we presented more seriously, and how is it connected with revenues, including budget revenues. So if there are things that were not a priority, something that may have, as they say in such cases, under the schedule to the right. But it is subject to special analysis and consideration,” said Putin at meeting on development of the advanced research Foundation.