Russian govt. to spend $9bn for rural developmentJuly 10, 2013 - 17:26 AMT PanARMENIAN.Net - The Russian government will spend 300 billion rubles ($9 billion) on a new state program to finance social development in the countryside in the next three years, Prime Minister Dmitry Medvedev said on Wednesday, July 10, according to RIA Novosti. The program will run from 2014 through 2017. “Total financing will reach almost 300 billion rubles, of which 90 billion rubles will come from the federal budget, 150 billion rubles from consolidated regional budgets and slightly less than 60 billion rubles from extra-budgetary sources,” Medvedev said. Funds from the federal budget will go to the regions in the form of subsidies, while regional governments will have to prepare their own programs based on plans for developing local agribusiness, Medvedev said. The program will also include grants for local initiatives to improve rural infrastructure, preserve natural landscapes and revive local cultural traditions and folk crafts. The program plans to support 775 such projects, Medvedev said. Top stories Azerbaijani President Ilham Aliyev arrived in Moscow on April 22 to hold talks with Russian counterpart Vladimir Putin. Authorities said a total of 192 Azerbaijani troops were killed and 511 were wounded during Azerbaijan’s offensive. In 2023, the Azerbaijani government will increase the country’s defense budget by more than 1.1 billion manats ($650 million). The bill, published on Monday, is designed to "eliminate the shortcomings of an unreasonably broad interpretation of the key concept of "compatriot". Partner news | Welcome to CaseKey 2024. Byblos Bank Armenia firmly stands by future innovators Strategic business cases, invaluable experience, innovative approaches and more than 25 events are in store for the participants of CaseKey 2024. Macron honors Charles Aznavour on 100th anniversary French President Emmanuel Macron has paid tribute to the memory of French-Armenian crooner Charles Aznavour. Blinken says U.S. reviewing a number of aid requests from Armenia He said the U.S. is reviewing the requests to determine what more it can do to increase its assistance to Armenia. At least 2 CSTO members participated in preparing 44-day war against Armenia – PM Nikol Pashinyan has declared that at least two CSTO member countries participated in preparations for the 44-day war against Armenia. |