Almost 18,000 civilians evacuated from areas of Aleppo controlled by militantsWorld December 10, 7:41
Russian swimmers win 11 sets of medals at FINA World Swimming Championships (25 m)Sport December 10, 7:00
Shiveluch volcano in Russia’s Far East spews ash to 11 km in airWorld December 10, 5:28
Ceasefire agreements enter into force near Damascus, in Idlib province ― mediaWorld December 10, 4:18
Russian pair Tarasova/Morozov win final of ISU Grand Prix of Figure Skating in MarseillesSport December 10, 4:00
Matviyenko to visit UAE to participate in Forum of Women Speakers of ParliamentRussian Politics & Diplomacy December 10, 3:21
Doping samples of all athletes from past three Olympics should be re-analyzed ― lawmakerSport December 10, 2:01
Russia’s figure skater Medvedeva leads with world record after SP at Grand Prix finalsSport December 10, 1:28
Russian energy minister expects OPEC, non member countries to sign agreement on oil outputBusiness & Economy December 10, 0:46
MOSCOW, March 20. /ITAR-TASS/. An industry development fund might be created within the state-run Vnesheconombank (VEB), Finance Minister Anton Siluanov told the congress of Russian Union of Industrialists and Entrepreneurs on Thursday.
“A fund for support of industry may be created within VEB,” he said.
On Wednesday, Industry and Trade Minister Denis Manturov called for establishing an industry development fund to disburse funds for industries at an annual interest rate not exceeding 5%.
“The financial sector cannot sharply cut the loan interest rates for industries, therefore we propose to create an industry development fund,” he said. “The fund, in fact, will be a special crediting program of Vnesheconombank and the Ministry of Industry and Trade.”
The new fund will allow enterprises to get long-term financing at competitive interest rates, Manturov noted, adding that “an interest rate not exceeding 5% means an opportunity to launch new productions and create additional jobs”.