The Russian Ministry for Economic Development has granted Kabardino-Balkaria 150.01 million rubles from the federal budget to boost small and medium business.
40 million rubles will be used to co-finance municipal programs for development of small and medium business, 28.88 million rubles will be contributed to the Kabardino-Balkarian Guarantee Fund, 60.19 million rubles will be spent on development of agriculture, 20.94 million rubles on business in the Zolsky District of Kabardino-Balkaria.
