Contents tagged with rimea

  • Russia cut financing of the Crimea by 1.5 billion rubles

    On March 22nd, the Russian Parliament in the annexed Crimea approved amendments to the budget for 2017 which will reduce the revenues and expenditures of the peninsula’s budget by 1.55 billion rubles (27 million USD). The budget bill was published on the official website of the Crimean Parliament.

    As reported by Kryminform, the Minister of Finance of the peninsula, Irina Kiviko, said during a committee meeting that "this amount is approved, less the receipts under the federal target program." …