MOSCOW, March 17 Russian President Vladimir Putin proposed extending the implementation of the state program for the development of Crimea and Sevastopol until 2027 with a perspective until 2030, providing funding. «I propose to extend the state program for the development of Crimea and Sevastopol … Extend its implementation until 2027 with a perspective up to 2030, providing for co-financing,» he said.
11:15The Foreign Ministry announced that the issue of Crimea's ownership was finally closed programs to adjust in order to provide more funds for stimulating the Crimean economy, for subsidizing interest rates. In particular, he proposed launching a «Project Finance Factory» in the region together with VEB, as well as additional capitalization of regional financial and guarantee development institutions in order to support small businesses. He also said that the Cabinet continues to remove administrative, financial, and infrastructural restrictions for business in the region. In particular, the mechanism of the Free Economic Zone (FEZ) is being modernized, for residents of which the benefit on reduced insurance premiums has been extended until 2039. Reshetnikov said that 139 new residents came to the FEZ last year, 85% more than a year earlier. Now there are all conditions. Putin urged Russian business to enter Crimea
