IMF Executive Board decides on $1.8 billion conditional loan for GreeceBusiness & Economy July 21, 3:34
Earthquake of 6.7 magnitude hits off Turkey’s western coast - seismological centerWorld July 21, 2:58
ExxonMobil launches legal challenge to finding it violated US sanctions against RussiaBusiness & Economy July 21, 1:36
Russian Knights aerobatic team to perform at Dubai airshowMilitary & Defense July 20, 21:28
Russia looks to its Navy to become world secondMilitary & Defense July 20, 19:10
ExxonMobil disagrees with US Treasury Department’s decision to assess fineBusiness & Economy July 20, 18:45
Putin signs decree on Russia’s navy policy until 2030Russian Politics & Diplomacy July 20, 18:39
Putin personally congratulates human rights champion Alexeyeva on her 90th birthdaySociety & Culture July 20, 18:20
Russian boxer Povetkin reinstated into WBO’s ratings, ranked eighthSport July 20, 18:08
ANADYR, January 31. /TASS/. Chukotka’s authorities plan to begin in 2017 reimbursing to investors a part of settlement payments for their loans, press service of the regional government said on Tuesday.
"This year, we begin an absolutely new activity - right now we are working on support mechanisms, but already now the conditions are clear," the press service said referring to head of the local government’s department for finances, economy and property relations, Alena Pinyayeva. "We believe demand for the state support will come first of all from the businesses, which take loans for construction or reconstruction of industrial facilities or buildings, or for buying equipment for new or existing companies, producing goods and services."
A support will be available for businesses if the loan they had borrowed in not less than one million rubles (about $16,700), the official said.
The subsidies will be based on three-quarters of the central bank’s key rate, but will not make more than 70% of the investor’s expenses.