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Home > News > YUKOS Money Goes for Slums and Nanotech

May 20th, 2007

YUKOS Money Goes for Slums and Nanotech

Abstract:
On Friday, the State Duma passed the second and third readings of a government draft law on centralizing the YUKOS 392-billion ruble tax debt within the federal budget. In spite of the size of that injection, amounting to about 6 percent of the total 2007 budget income, it will not cover the shortfall in tax collection. In any case, the president has already given instructions that the money is to go to the target funds for upgrading outdated housing and for the development of nanotechnology.

Source:
kommersant.com

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