The standing commissions of the Nizhny Novgorod City Duma on budgetary, financial and tax policy, as well as the economy, industry and entrepreneurship, approved changes to the city budget for 2021 and for the planning period 2022-2023 proposed by the Department of Finance of the mayor’s office, NewsNN reports. At the joint meeting, it was
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Over 28 Billion Rubles to Be Allocated for Engineering Facilities Creation
More than 28 billion rubles will be allocated from the federal budget in 2021 for programmes of state support for the construction of social and engineering infrastructure, TASS reports with reference to the press service of the Ministry of Construction of the Russian Federation. It is noted that the “Stimul” programme in 2019 was included
Russian Bank Recorded Growth in Retail Lending Business
The loan portfolio in the retail segment of the Otkritie Bank increased by 34 per cent over the year and amounted to 457.1 billion rubles. Loans issued to individuals increased by more than 20 per cent (to 282.9 billion rubles). So, following the results of 12 months, mortgages increased by more than 1.5 times to
Insight | Nizhny Novgorod | 23.01.21
Over 27 Billion Rubles Sent to Nizhny Novgorod Region for Social Support
In 2020, 27.4 billion rubles were allocated for social support in the Nizhny Novgorod region. The Governor of the region, Gleb Nikitin, explained that part of the money went to payments to families with children aged three to seven years. Thus, more than 55 thousand families received over 3.7 billion rubles a year. Nikitin also
Insight | Around Russia | 23.01.21
Russian Schoolchildren Launched Good Deeds Action
Russian schoolchildren launched the ‘Good Saturday’ action as part of the “New Year – Big Goals” thematic week. The guys are participants in the “Big Change” project of the “Russia, the Land of Opportunities” presidential platform. To take part in the action, everyone should start their year with good habits. Thus, on January 23, the
Ufa Photographer Shot Janitor in GQ Style
Janitor Yura from Ufa got in trouble. Fraudsters took advantage of his disability and took out loans in his name for a total of about 700,000 rubles. Ufa photographer, Roman Filippov, came to the man’s aid. He organized a photoshoot for the janitor, posted his photo on his Instagram-account and, having told this sad story,
Insight | Around Russia | 13.01.21
Saratov Enterprises Received 200 Million Rubles for Investments
Last year, Saratov enterprises participating in the implementation of the national project “Labor Productivity” received loans worth about 200 million rubles, which they used to implement investment projects, TASS reports with reference to the Minister of Economic Development of the region Andrey Razborov. In particular, the ‘Geodor’ company, which is engaged in the production of
Over 400 Orphans Received Housing in Moscow 2020
More than 400 orphans received housing in Moscow in 2020, according to the city prosecutor Denis Popov on January 12, which is the Day of the Prosecutor’s Office Worker, TASS reports. “We are working closely with the city authorities in providing housing for orphans. Last year, Moscow provided housing for more than 400 orphans, another
Kamchatka Received 11 Million Rubles for Digital Education Development
The Kamchatka Territory received more than 11 million rubles from the federal budget for the creation of the first digital education centre. Its opening is scheduled for September 2021, TASS reports with reference to the director of the regional Centre for Children’s and Youth Technical Creativity Andrey Yukhin. It is noted that last year the
Insight | Around Russia | 08.01.21
Over 100 Million Rubles to Be Spent on Ingushetia Water Supply Improvement
The authorities of Ingushetia intend to allocate 104 million rubles in 2021 for the construction and reconstruction of water supply facilities as part of the ‘Clean Water’ project, TASS reports. The project is designed until 2024, so till this time it is expected that the republic will receive financial support from the federal budget in
Moscow Authorities Determined Main Directions for Creative Economy Development
Moscow authorities have determined four main areas of support for creative industries in 2021. These spheres include about 113 thousand local companies and individual entrepreneurs, providing jobs for about half a million Muscovites. According to the official website of the Moscow Mayor, the main areas of support for the creative economy include the creation of
Insight | Yekaterinburg | 08.01.21
Yekaterinburg Officials Delighted Local Children With Gifts
Children from Yekaterinburg received gifts thanks to the “Christmas Tree of Wishes” action. As part of the campaign, a 12-year-old Maxim Kharisov received a new game console, e1.ru reports. The Vice-Governor, Sergey Bidonko, made the boy’s dream come true. It is noted that children from orphanages, children in difficult life situations, children with disabilities, as
Social Contract Helps Russian Families Become Self-Sufficient
Russian Prime Minister, Mikhail Mishustin, signed a decree according to which, from 2021, families in need will be able to use the funds of the social contract for the development of personal subsidiary plots, the press service of the Russian Cabinet of Ministers reports. A social contract is a special contract that is concluded between
