Govt approves creation of budget fund for road construction, repair
MOSCOW. May 19 (Interfax) - The Russian government has approved creation of a budget fund for road construction and repair, Prime Minister Vladimir Putin said at a meeting on road construction.
"The decision has been made to create a budget fund for road construction and repair akin to the Investment Fund," Putin said.
The fund will "accumulate the minimum amounts required to sustain the road network," Putin said.
"The same right [concerning creation of funds] will be provided to the subfederal entities," he said.