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Russian Railways to invest record amount in 2024 | Companies

Russian Railways (RZD) plans to invest in 2024 a record amount of about 400 billion rubles (4.4 billion U.S. dollars) of its own funds in the construction of the Eastern Polygon, which includes the Baikal-Amur Mainline (BAM) and the Trans-Siberian Railway (Transsib), RIA Novosti reported on Tuesday.
Siberian Railway Transsib Russian Railways Eastern Polygon Baikal Amur Mainline Trans Siberian Railway

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'Russia is going through this crisis better than many states' — RealnoeVremya.com

Photo: Ilya Repin In the context of the coronavirus pandemic last year, Russia began spending money from the National Welfare Fund to cover the budget deficit — the countrys reserve has not been used for such purposes since 2017. Starting from the first tranche in August and to December, 290 billion rubles were allocated to the treasury. However, the Russian National Wealth Fund not only “did not lose weight”, but also increased its volume by 74%. Chinese yuan and Japanese yen appeared in...
United Arab Emirates Realnoe Vremya Andrey Movchan Ilya Repin Andrey Margolin Vladimir Putin

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