Ex-Russian MP’s suspected assassin’s ‘double’ pops up in UkraineWorld March 24, 16:59
Photos of the week: Putin at the theater, Trump behind the wheel and Erdogan playing ballSociety & Culture March 24, 16:39
Legendary Soviet test pilot Mikoyan passes away at 94Military & Defense March 24, 16:22
Russian Aerospace Force received 16 Su-34 fighter bombers in 2016Military & Defense March 24, 16:06
Russian diplomat notes ultimatums cause Syrian opposition to suffer defeatsRussian Politics & Diplomacy March 24, 15:46
Putin and Le Pen did not talk about National Front's financing — KremlinRussian Politics & Diplomacy March 24, 15:07
Kremlin expects ex-Duma member’s murder to be investigated thoroughlyRussian Politics & Diplomacy March 24, 15:05
Putin backs Russian Central Bank's key rate cut and regulator’s strategyBusiness & Economy March 24, 14:45
Vatican museums make exception for Tretyakov Gallery exhibitionSociety & Culture March 24, 14:41
MOSCOW, December 25. /TASS/. The Finance Ministry and the Central Bank of Russia will prepare proposals by the end of the year on lowering loan interest rates for strategically important sectors, Finance Minister Anton Siluanov said on Thursday.
“We’re now preparing proposals with the Bank of Russia on lowering loan interest rates for systemically important sectors and companies,” the finance minister said. These proposals will be ready by the end of the year, he added.
The government’s list of systemically important companies comprises about 30 firms, including flagship airliner Aeroflot, diamond miner Alrosa, oil pipeline operator Transneft, state-owned VTB Bank, Sheremetyevo international airport, oil major Rosneft and others.
The Russian business association Delovaya Rossiya has proposed that the government should subsidize loan rates for systemically important companies.
Russia’s Central Bank hiked last week its key rate determining borrowing costs for commercial banks to 17% from 10.5% to stem the ruble’s freefall and curb inflationary expectations amid falling prices in oil, a major Russian export commodity. The key rate hike has made loans less affordable for business.