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Regions will receive 100 billion rubles from the government
The Russian government has allocated 100 billion rubles to support the regions. 56 regions of the Russian Federation will receive money to compensate for the decrease in budget revenues.
As noted in the decree signed by Prime Minister Mikhail Mishustin, subsidies will be received by regions whose tax and non-tax revenues as of May 1 of this year were lower than revenues for the previous two years. The amount of payment will be determined taking into account the priority expenditures of regional budgets.
Among the recipients there are Far Eastern regions: Buryatia (almost 620 million rubles), Transbaikalia (almost 199 million), Kamchatka (470 million), Primorsky (996 million) and Khabarovsk Krai (1,7 billion), Jewish Autonomy (almost 116 million) rubles.
Federal authorities believe that this support measure will help balance regional consolidated budgets in the face of economic constraints due to coronavirus.