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$84Bln Targeted at Traffic Jams.
(From The Moscow Times)
The federal government will invest more than $84 billion over five years to help solve the city's traffic woes, a senior government official said Tuesday.
More than 2 trillion rubles ($84.5 billion) will be earmarked in the federal budget from 2010 to 2015 to help City Hall tackle Moscow's increasingly oppressive traffic, Deputy Transportation Minister Yevgeny Moskvichyov told a City Hall meeting.
The number of cars on city roads has increased more than threefold since 1990, with 3.3 million cars now registered in Moscow, according to a report presented at the meeting by City Hall's transportation department.
Consequently, traffic jams in the city are only getting worse, the report said.
"Relieving Moscow [traffic] is a very important task," Mayor Yury Luzhkov told the meeting.
The report included various proposed measures to improve the situation, including the construction of more roads, metro lines and railway tracks.
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