Monday, December 29, 2014

Moscow authorities may adjust the budget because of the economic situation – BBC

Moscow authorities may adjust the budget because of the economic situation – BBC

The Moscow authorities may adjust the budget in the first quarter of 2015 due to the difficult economic situation, described in the Interview «Gazeta.ru” head of the department of economic policy and development of Moscow Maxim Reshetnikov.

«It is clear that the devaluation to the extent we have not figured out, there will be additional costs, some budget adjustments are possible in the first quarter. But it is fatal to our investment plans will not be affected, “- said Reshetnikov. Details about this department has not yet provided.

However, Moscow does not give up long-term projects. “We see an opportunity to launch new long-term projects, the same North understudy Kutuzov Avenue. There before building another two years – to the time when the economy will have money, we will be ready to invest building. Such projects have to do as much as possible. Last year we started ZIL discussed ZIL-2, “Nagatinsky floodplain”, “charge”, “Mnevniki” … “- said Reshetnikov.

However, due to the difficult economic situation can be transferred to the timing of some projects, the official said.

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