VEB to Receive Subsidy to Support Production
OREANDA-NEWS. According to the Russian Government’s executive order budgetary allocations in the amount of 7.6 billion rublesare to be transferred to the Ministry of Industry and Trade for granting a subsidy in the form of monetary contribution to Vnesheconombank to compensate for a part of expenses related to supporting high-technology goods production.
Roseximbank (VEB Group) is to be provided with a subsidy worth 5.4 billion rublesin order to compensate for receiving less incomes on credits than the Bank was due, with the credits being extended as part of supportingproduction of high-technology goods.
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