Russia’s Rubles for regional road revolution reduced

The Russian Government has set a budget of US$1.11 billion which it is allocating for a series of road construction projects in its regions. This federally funded budget for road construction in Russia’s regions in 2015 does represent an increase from the previous year’s spending. In 2014 $1.026 billion was spent on regional road projects. However, the $1.11 billion is still a reduction from the original regional road spending plan for 2015 of 13.3%. The budget has had to be cut due to Russia’s current econ
April 15, 2015 Read time: 1 min
The Russian Government has set a budget of US$1.11 billion which it is allocating for a series of road construction projects in its regions. This federally funded budget for road construction in Russia’s regions in 2015 does represent an increase from the previous year’s spending. In 2014 $1.026 billion was spent on regional road projects. However, the $1.11 billion is still a reduction from the original regional road spending plan for 2015 of 13.3%. The budget has had to be cut due to Russia’s current economic issues.
Finance & Funding

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