Russian Government to Send 30 Billion to Regions

According to ITAR-TACC the Russian government will send an additional 30 billion rubles (around 970 mln USD) as well as 23 billion rubles subsidies to balance the regional budgets, said Vice-Premier and Minister of Finance Alexei Kudrin. Additionally the Russian government will support the regions’ infrastructure projects with 40 billion rubles instead of the planned 25 billion.

Currently, 1 Russian Rouble = 0.03216 US Dollar [Source Oanda]