Sistema reports arrest of its stakes in MTS, Medsi, BES as part of dispute with RosneftBusiness & Economy June 26, 20:58
Russian submarine successfully test-fires Bulava intercontinental missileMilitary & Defense June 26, 19:20
Rosneft and RBC reach friendly settlement on defamation lawsuitBusiness & Economy June 26, 18:50
Number of centers issuing FAN IDs to be increased ahead of FIFA Confederations Cup FinalSport June 26, 18:33
News about anti-doping probe against Russian football team players is fake — executiveSport June 26, 18:25
Putin refers to State Duma Council of Europe convention against financing terrorismRussian Politics & Diplomacy June 26, 18:15
Russia to lay down 2 diesel-electric submarines for Pacific Fleet in JulyMilitary & Defense June 26, 18:07
Russia’s Khramtsov wins first gold at 2017 World Taekwondo ChampionshipsSport June 26, 18:03
Russian Navy to get four frigates by 2020Military & Defense June 26, 17:41
MOSCOW, September 27 (Itar-Tass) —— Vnesheconombank will invest 2 trillion rubles in the Russian economy before the end of 2015, Prime Minister Vladimir Putin said at the Tuesday meeting of the Vnesheconombank Supervisory Board.
“Before the end of 2015 Vnesheconombank is due to invest about 2 trillion rubles in the economy of Russia. That is a substantial sum, about 2.8% GDP,” Putin said.
“It is necessary to enlarge the credit portfolio of the Development Bank by more than twice,” he said.
In addition, Vnesheconombank has reserved 250 billion rubles for house mortgage programs, including re-financing of mortgage loans, Putin said.
“Vnesheconombank should play a more active role in the investment policy and be the locomotive of projects, which are bound to change the structure of the national economy,” the premier said. “Support to high-tech and infrastructural programs and projects, which will create new jobs, will become a priority.”
In addition, it is necessary “to enlarge the share of high-tech and innovative projects, from 15% to 20% in the total amount of financing,” Putin said.