The Transportation Ministry has proposed that rail freight tariffs in 2012 include a 4 percent investment component to compensate for a cut in subsidies totaling 40 billion rubles ($1.37 billion), Deputy Transportation Minister Andrei Nedosekov said Wednesday.
"The Transportation Ministry supports keeping the tariffs at 7.4 percent, plus 4 percent for the investment component, and further work with the Economic Development Ministry and the Finance Ministry on subsidies, so that the 80 billion rubles Russian Railways requested can be cut by at least 50 percent."
The proposed 4 percent investment component could be collected by Russian Railways or received directly from the federal budget.
(Interfax)
A Message from The Moscow Times:
Dear readers,
We are facing unprecedented challenges. Russia's Prosecutor General's Office has designated The Moscow Times as an "undesirable" organization, criminalizing our work and putting our staff at risk of prosecution. This follows our earlier unjust labeling as a "foreign agent."
These actions are direct attempts to silence independent journalism in Russia. The authorities claim our work "discredits the decisions of the Russian leadership." We see things differently: we strive to provide accurate, unbiased reporting on Russia.
We, the journalists of The Moscow Times, refuse to be silenced. But to continue our work, we need your help.
Your support, no matter how small, makes a world of difference. If you can, please support us monthly starting from just $2. It's quick to set up, and every contribution makes a significant impact.
By supporting The Moscow Times, you're defending open, independent journalism in the face of repression. Thank you for standing with us.
Remind me later.
