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Tuesday, 25 October 2016


Abkhazian stability is ensured with Russian money

2008-12-30 17:33

Financial aid of Russia lets Abkhazia safeguard stability in the region, stared Sergey Bagapsh, the President of Abkhazia, at today's parliamentary meeting, RIA-Novosti informs.


As he commented reproaches of Abkhazia got dependent of Russian money, he said "if somebody knows any other way (without Russian money) to solve problems we face, speak ".

According to Bagapsh, the issue of 4 bln rubles " we will try to obtain for social and economic development of the republic " is still in the agenda.

"It will be an investment project implying construction of waste disposal plants, water conduits, and a hospital. 1 bln will be used for agrarian complex development only", said the President and added that if this money is obtained, it will be included in the budget.

Today Abkhazian parliament passed the budget 2009. The budget is deficit-free, 3.784 bln rubles of income and expenditures. Comparing with budget 2008 it is 2.26 bln rubles more (140.5 per cent). The budget includes all external financial aid from Russia.


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