Govt to allocate RUB 15bn for financing new government Arctic development program

AK&M 07 April 2021 17:45

The Government of Russia has approved a new state Arctic zone development program, as stated by Prime Minister Mikhail Mishustin at a briefing meeting with deputy prime ministers, according to a transcript posted on the Government's website.

About RUB 15 billion will be allocated for the program implementation over three years, including almost RUB 3.5 billion to be spent this year.

The program is aimed at ensuring sustainable development of the Arctic zone.