“The government of the Russian Federation proposed in 2018 to allocate Russian Railways to 5.25 billion

– The government of the Russian Federation sent to the state Duma the proposal to allow allocation of the budget of the Russian Federation in 2018 to 5.25 billion roubles to increase the authorized capital of JSC “RZD”.

The relevant amendments for the second reading in the budget years 2018-2020 posted on the website of the Duma budget Committee.

Specifies that a decision on capital increase of the Russian Railways may be adopted by the government of the Russian Federation’s admission to the Federal budget in the volume of subsidies from the Moscow city budget for the construction of railway infrastructure objects of the Kiev direction of the Moscow railway.

As previously reported, the Moscow government plans to reconstruct the Kiev direction, it will take about five years. According to Deputy mayor Marat Husnullin, in the next two to three years it is planned to build more railway stations in this direction “Minsk”, “Amin”, “Sanya” and to construct an additional entrance to the Kiev station.

Budget 2017 budget allocation for the provision of a contribution to the Charter capital of Russian Railways amounted to 51,216 billion.

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