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Russian government extends for 2014 term of its guarantees for loans to defence industry

January 11, 2014, 10:37 UTC+3 MOSCOW
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MOSCOW, January 11, 10:11 /ITAR-TASS/. The Russian government extends to end of 2014 its guarantees for loans to the defence industry’s organisations, involved in work on the state defence order.

The governmental document is available on the cabinet’s legal information site.

In 2010, the government adopted regulations for the guarantees, where the term was three years (2011-2013).

This year’s order will continue the state guarantees for implementation of the defence order not only by means from the federal budget, but also by means of credits guaranteed by the government.

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