The first amounts will be paid out in the first half of 2008. This message came from the deputy Minister of the regional development of Russian Federation, Mr. Sergey Kruglik, during the briefing which was held on 31st of January in the Ministry of regional development of Russia.
As per Mr. Kruglik, the payments will be made to the regions upon their official requests. "To this day we have received 75 requests from the regions. 35 of them match the criteria set by the fund, the rest of them are sent back for revision", - said deputy Minister. He also pointed out that in February it will be decided which first 4-5 regions will be receiving their shares.
Mr. Sergey Kruglik said that currently the limits of financial assistance are being confirmed: with the minimum value of 500 million roubles and the maximum value of 8 billion roubles.