Russia’s Capex Fund to Total RUB 149.7 bn in 2011-2013
OREANDA-NEWS. August 6, 2010. The size of Russia’s capex fund is expected to total RUB 149.7 bn over 2011-2013, and RUB 57.3 bn should be spent in 2011, including RUB 6.6 bn meant for completion of regional projects. The figures were revealed in a document titled ‘Main Directions of the RF Budgetary Policy in 2011 and 2012-2013 Planning Period’, published on the Finance Ministry’s website.
The funds mean to facilitate the completion of government-private partnership capex projects, aimed at the acceleration of Russia’s socioeconomic development, including the establishment and development of necessary infrastructure of state-wide significance, including social infrastructure.
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