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Penza region to receive subsidy of 1.5 billion roubles

12:24 | 19.07.2021 | Economy

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Penza, 19 July 2021. PenzaNews. A subsidy of 1.5 billion roubles to support measures to balance the regional budget will be provided to Penza region.

Penza region to receive subsidy of 1.5 billion roubles

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Russian regions will receive a total of 50 billion roubles as part of the first 2021 tranche to strengthen the stability of budget systems.

The distribution of the money among 55 constituent entities of the Russian Federation was approved by Russian Government Order No. 1935-р of July 15.

As noted on the website of the Cabinet of Ministers, additional financial support will help regions to fully meet their obligations to citizens and contribute to the implementation of socially significant initiatives.

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