21 November 2001
Federal budget financing for Russia's highways will drop 36% year-on-year in 2001, head of the Transport Ministry's economy department, Alexander Kulik, said at a recent conference of the International Road Transport Union (IRU). Although financing for the industry in 2002-2004 will gradually increase in current prices, with financing for maintaining and repairing roads development of the network will be frozen.
Finance (1) |