RF to spend money allocated to Crimea on military purposes

The expenses for the occupied Crimea will be reduced in order to support the "defense industry" of the Russian Federation.

4 October 2016 14:37

The Russian Finance Ministry plans to reduce expenses for the Crimea under the Federal Program, reports.

Thus, the occupied region will not get nearly 16% of the planned funds. At the same time, it is suggested to significantly increase the cost of the army in the Russian Federation. The program of the socio-economic development of the annexed Crimea will be reduced by 23.1 billion rubles.

In turn, the head of the Russian Finance Ministry has received the right in his sole discretion, without any coordination, to redirect up to 10% of total expenditure in favor of the security forces.

This decision was caused by the redistribution of costs due to the forecasts for the Russia's budget deficit growth, which amounted to 3.66% of GDP - about RUB 3 trillion.

Photo: Internet