Prime Minister Dmitry Medvedev signed a decree on granting subsidies VEB exporters of industrial products for military purposes, the government said on its website.
Subsidies are provided for reimbursement of the cost of interest on loans obtained in Russian credit institutions and VEB.
In 2015, for these purposes provided 2.9 billion rubles., in 2016 ?? 2.94 billion rubles. « On subsidies from the federal budget to Russian organizations ?? exporters of industrial products for military use for reimbursement of the cost of interest on loans obtained in Russian credit institutions and public corporations « Bank Development and Foreign Economic Affairs ( Vnesheconombank) “?? the government said in a statement.
It is expected that decisions will contribute to the development of the Russian defense industry organizations and increase their competitiveness.
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