Russ. Govt sets aside 14bn rubles to support the Russian shipbuilding industry next year

Russian Government allocated 14 billion rubles from the state budget for 2011 to support of the Russian shipbuilding industry, Russian Prime Minister Vladimir Putin said yesterday. Mr. Putin noted that the industry remains a priority for the Russian government. Overall, Mr. Putin said, the government plans to spend next year 1.6 trillion rubles for modernization and economic development and infrastructure of Russia, the government press service reported.