Putin instructed to allocate an additional 500 billion rubles for infrastructure loans to the regions rubles for the program of infrastructure loans to the regions, follows from the instructions following the meeting of the Presidium of the State Council. The list is published on the Kremlin website.
According to the document, proposals for the allocation of additional funding and the term for extending the program for allocating funds for the implementation of infrastructure projects must be submitted by the government by February 1.
In addition In addition, the government will have to consider the use of rail infrastructure for the development of urban rail transport and the possibility of linking it with commuter rail services. The Cabinet of Ministers will have to determine the sources of funding for the necessary measures and submit their proposals.
Until July 1, the government was also instructed to propose solutions for financing the formation of a single backbone transport network and bring at least 85 percent of its objects to the “regulatory requirements” infrastructure. The sources of financing for the renovation of these facilities should also be identified.
In October, Putin instructed to allocate funds in the form of a budget infrastructure loan to St. Petersburg. The money should go to the renewal of electric transport, it is planned to spend it in 2022-2024.