: Russia shortens budget costs for occupied Crimea

17:44 May. 27, 2016

Russia shortens budget costs for occupied Crimea

Russia to cut down budget expenditures on occupied Crimean peninsula.

Money shortage already adopted by Gosduma, lower house of Russian parliament

Russia severely cuts down the budget of the occupied Crimea. According to the self-proclaimed Crimean Finance Ministry, the Russia-backed parliament shortened the overall budget on more than 1 billion roubles (17 million U.S. dollars).

The alterations have already been adopted by Gosduma, Russia's lower house of parliament. Earlier this week Russian Prime Minister Dmitry Medvedev visited the occupied Crimea. Surrounded by pensioners desperately demanding their pensions to be indexed, head of the Russian government to stay well.

"We don't have money now. But you hold on, I wish you all the best, good mood and good health", Medvedev said in response to the complaints.

Medvedev explained, similar problems existed in every region of the Russian Federation. So the government couldn't raise pensions just in Crimea. He promised to increase the payments when Moscow finds money.

Read also The Wall Street Journal: Russia weighs tax increases to fill budget gaps

Earlier Ukrainian media outlets reported, Kremlin refused to provide pensions for Crimean citizens, who didn't have Russian passports.

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