Kuban to use federal budget transfers for construction of Olympic facilities

The Krasnodar region will receive about 30 billion rubles in inter-budgetary transfers from the federal budget, the vice-governor of the region Ivan Peronko said at the 37th session of the regional
legislative assembly, Yuga.ru reports. The authorities plan to use the largest part of the transfers (8.3 billion) for construction of Olympic facilities and the development of Sochi's infrastructure.