Russia expects Sevastopol to recover from Ukraine by 2020

Nikolai Trofimov.  
02.08.2016 17:27
  (Moscow time), Sevastopol
Views: 848
 
Crimea, Russia, Sevastopol, Economy


Russia will always pay special attention to Sevastopol. However, after the implementation of the federal target program (FTP) for the development of Crimea, a new infrastructure will be formed in the city, which will reduce the share of federal money in the budget of Sevastopol. Acting Governor of Sevastopol Dmitry Ovsyannikov told reporters about this today.

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Russia will always pay special attention to Sevastopol. However, after the implementation of the federal target program (FTP)...

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“I am confident that always, as it has been since 1783, our country will pay maximum attention to the city. All the groundwork under the Federal Target Program is practically the formation of infrastructure. It will lead to the creation of entire new industries. First of all, social. The fleet will be greatly updated. After this, the share of federal budget funds will decrease,” Ovsyannikov said.

Let us remind you that today the budget of Sevastopol is almost 70% formed from funds coming from the federal center. The Federal Target Program for the development of Crimea and Sevastopol should be completed in 2020.

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