Ministry of Economic Development of the Russian Federation
Ministry of Economic Development of the Russian Federation
On November 28, 2019, Minister of Economic Development of the Russian Federation Maxim Oreshkin approved the Federal targeted investment program (FTIP) for 2020 and for the planning period 2021 and 2022
2 December 2019 13:20

The targeted investment program includes the investment projects of 10 national projects and 32 Russian Federation government programs that are implemented on the territory of all the constituent entities of the Russian Federation.

Implementation of more than 1,100 investment projects, including more than 1,000 targeted capital construction projects and more than 100 business events (subject to further item-by-item detailing) that are important for the development of the country's economy is provided for under the framework of FTIP.

The finance provided for the FTIP amounts to:

  • 837.5 billion rubles (7.7 % more than in 2019) in 2020;
  • 877.8 billion rubles (12.9% more than in 2019) in 2021;
  • 866.2 billion rubles (11.4 % more than in 2019) in 2022.

The approval of the FTIP a month earlier than it was approved the last year will allow to ensure conclusion of agreements on provision of subsidies and other intergovernmental  transfers to budgets of constituent entities of the Russian Federation for 2020-2022 by January 1, 2020, as well as this will ensure the start of work at facilities, because the FTIP approved in accordance with the Procedure (placed on the FTIP official website at: faip.economy.gov.ru) is the basis for concluding contracts, contracts and agreements.

Дата публикации: December 2, 2019
Ссылка: https://en.economy.gov.ru/material/news/on_november_28_2019_minister_of_economic_development_of_the_russian_federation_maxim_oreshkin_approved_the_federal_targeted_investment_program_ftip_for_2020_and_for_the_planning_period_2021_and_2022.html
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