19.12.2011 - Medvedev may use fund to build roads
President Dmitry Medvedev may raid a "rainy day" fund set aside for pensions in a bid to meet commitments to build new rail and road links, including the Moscow-to-St. Petersburg highway. Medvedev has asked the government to draw up by April 1 a mechanism for using the 2.7 trillion ruble ($85 billion) National Welfare Fund to ensure "long-term financing of investment projects, including development of transportation infrastructure."..............................................Full Article: Source
Print