Vladimir Putin calls for lower interest rates on loans to enterprises – Kommersant

Vladimir Putin calls for lower interest rates on loans to enterprises – Kommersant

 
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Russian President Vladimir Putin needs to ensure the reduction of interest rates on loans for businesses: according to the president, a key condition for the development of real sector. “In fact, we are talking about the formation of such a policy, a strategy in which all the efforts of the federal and regional authorities should be focused on the development of the real sector”, – quotes “Interfax”, Vladimir Putin. “What steps are considered a priority: firstly, the need to ensure the availability of credit, create a new competitive by world standards, terms of financing business,” – said the president of Russia.

«We are all well remember and know this topic is a key even without any reference to sanctions. We have been talking about this: interest rates often exceed the profitability of projects, give economic actors beyond the economic sense, “- said the head of state. It is reported that the Government of the Russian Federation “was instructed to study the problems of reducing the level of interest rates for lending to industrial enterprises, including through projects project financing».