: :inin Kyiv (EET)

Russia’s Putin inaugurates $2 billion Moscow railway project


Russian President Vladimir Putin (Right) and Moscow Mayor Sergei Sobyanin sit in a railway coach as they attend the opening of the Central Ring line in Moscow, Russia, on September 10, 2016. Photo: Sputnik via Reuters
Russian President Vladimir Putin on Saturday inaugurated a $2 billion Moscow railway ring project that is opening for passengers just before parliamentary elections.
The completion of the project, pushed back from 2015, comes as Russia is struggling to plug holes in the budget amid lower oil export revenues and Western sanctions over Ukraine.
Russia holds elections to the lower house of parliament on September 18, and, despite …read more

Source: The Himalayan Times

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