OREANDA-NEWS  In 2024, the government of the Russian Federation will allocate up to 32.3 million rubles to credit institutions to reimburse lost income on loans issued to businesses in new regions of the country, the corresponding order of the Prime Minister of the Russian Federation Mikhail Mishustin was published on Monday.

"In 2024, the Ministry of Economic Development of the Russian Federation will allocate budget allocations from the reserve fund of the Government of the Russian Federation in the amount of up to 32 million 338.3 thousand rubles for the provision of subsidies from the federal budget to Russian credit institutions to reimburse their lost income on loans issued in 2023-2025 to small and medium-sized businesses in the territories of the Donetsk People's Republic, Luhansk People's Republic, Zaporizhia the region, the Kherson region," the document says.

It is noted that the funds are allocated with a view to achieving the following result in the territories of new regions - small and medium-sized businesses have been provided with loans at a preferential rate of at least 130 million rubles.