` Russia Allocates Seventy Billion Roubles for Crimean Development ‘

#AceFinanceNews – MOSCOW – May 24 – Russia has allocated about 70 billion roubles, or abour $2 billion, for the development of Crimea and the city of Sevastopol since the two new regions joined the country, Russian Prime Minister Dmitry Medvedev told the Vesti v Subbotu TV programme.

This was the reserve financing that by no means harmed budget financing of other Russian regions, he added.

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