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Wednesday, 26 October 2016


Russian millions for “transparent” Abkhazia

2010-05-07 00:22

5967.jpegBefore summer Abkhazia will get the first tranche of financial aid on social-economic development at the amount of RUR 200 mln expecting RUR 3 bn in total to arrive from Moscow this year. The money will be spent on road construction and repair as well as water supply and sewage systems. Will Abkhazia avoid mistakes made by Ossetia?


Roman Panov, Russian deputy minister of regional development recently reported on Gagry bypass road planned to be started this year that is supposed to facilitate travelling from Gagry to Sukhum. Sukhum dairy and bread factories are on the list of financed facilities as well as Abkhaz State University, Drama Theater and the building of Republican Hospital, Rossiyskaya Newspaper writes.

The Complex plan for assistance in social-economic development was adopted in April. Abkhazia intends to "do a lot of construction work" on Russian money, as the republic's PM Sergey Shamba says (160 km of roads are among the projects). Money will be allocated to recreational facilities, agriculture and social programs.

In addition to this gratuitous aid Moscow will set aside RUR 700 mln for development of the banking sphere in the form of a 10-year low interest loan. Shamba assures that the state will start loan granting to population offering acceptable interest rates for small business projects. Unlike South Ossetia, Russia cannot reproach Sukhum for misappropriations, Shamba remarks. Besides, he says, saved money were spent on restoration of socially important facilities.

As Sergey Stepashin, chairman of Russian Accounts Chamber stated recently, the money Russia allocates to Abkhazia must reach the goal and be spent strictly for its intended purpose. Stepashin has already proposed that the authorities of the Transcaucasian republic decide which exactly specialists they need expressing readiness to solve the problem. "We have the Institute for System Analysis, High School of Audit at Moscow University and we are ready to train your people and issue certificates to them. We have tried that out training staff for South Ossetia, - the Abkhaz president's site quotes.

Sergey Bagapsh remarked that Accounts Chamber will be tasked to provide for control over "transparent and open" expenditure of the funds Russia allocates as aid to Abkhazia. The Abkhaz leader calls it "the strongest" agency. "For us it is important that our people knew what to start with and how to proceed with the work", - he added.

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