Prime Minister to Allocate Regional Funding for Innovation to Develop Leading Industries
09.10.2026, 19:37·
COLLECTED AND VERIFIED AUTOMATICALLY
The Prime Minister has announced new plans to transfer regional funding for research and development (R&D) activities to local authorities. Under the initiative, local leaders will for the first time have the right to independently manage allocated funds for research and development.
The program aims to distribute economic opportunities, investments, and growth evenly across the country, rather than concentrating them exclusively in major centers. It is expected that this will enable regions to develop their own competitive industries based on local scientific and technological resources.
The initiative is being considered part of a broader strategy to reduce regional economic disparities and support innovative potential beyond traditional centers of capital attraction. Details on the mechanisms for distributing funds and specific financing amounts are not clarified in the text.
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