Tatarstan to receive financial aid from Russia’s Employment Service

The Federal Labour and Employment Service is within five days to provide a first tranche in the amount of 446 million roubles, aimed to decrease tensions on the job market, said the deputy employment minister Clara Tazetdinova at a meeting with a focus on enhancing the living standard.

The meeting began with examining the issue of implementing the approved programme of pro-active measures aimed to reduce the impact of the global economic crisis on Tatarstan.

On 10 February, the government of Russia and the Federal Employment Service signed an agreement on additional measures aimed to relieve the tensions on the job market. The total amount of federal budget funds is 1,235 million roubles.

“The most important thing for us now is to disburse the funds in the most effective way and timely. It is a guarantee of obtaining a next tranche from the federal budget. In this situation, it is very important to prioritise and to render support to the real economy sector, as well as to solve the issue of the republic’s cities and settlements’s redevelopment”, commented Ms Tazetdinova.