Russia: Government approved allocation of 273 mln RUR to Crimea agrarians to compensate the losses
The Government of Russia approved the allocation of budgetary provisions of 273.31 mln RUR in 2014 to provide intergovernmental transfers to the budget of Crimea to compensate the losses incurred by agricultural commodity producers of the region. Dmitry Medvedev, Prime Minister of the Russian Federation, signed the corresponding decree #580 dd. June 23.
According to the document, the reporting costs appeared in connection with the termination of water supply through the North Crimean Channal for irrigation of crops areas and planting of perennial plants. The funds were calculated based on the average national cost level per 1 ha (11.7 thsd RUR).
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