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Deputy Prime Minister Dvorkovich: Development of the Far East only through the budget — is meaningless

Deputy Prime Minister Dvorkovich: Development of the Far East only through the budget - is meaningless

The proposed order for the Far East and Trans-Baikal projects are not balanced in terms of funding, said Deputy Prime Minister Arkady Dvorkovich at a meeting of the State Commission for the development of the region.

«Very often, colleagues come from the projects, which says private funding is not only budget» — He brought an example. The second option — it is entirely private funding, but with the requirement of the soft loan from the government. «Almost no one can find a middle ground. All or nothing » — Lamented the official. According to him, this path leads nowhere.

At the meeting, Minister of Economic Development Andrei Belousov said that for the advanced development of the region must be 15-20 large investment. Until the end of 2017 to 100 billion annually. These amounts are at the limit of budget financing, the First Deputy Prime Minister Igor Shuvalov.

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