Radar Telegram alerts Open Radar

The government, despite known difficulties in the budget, is increasing support for the real sector of the economy.

תרגם לעברית

Пул N3 · · Source

The government, despite known difficulties in the budget, is increasing support for the real sector of the economy.

The government, despite known difficulties in the budget, is increasing support for the real sector of the economy.

At the meeting of the Cabinet of Ministers, Mikhail Meshustin announced measures to support industrial projects, from which the companies can choose the most efficient ones. In particular, we are talking about the most popular corporate programs for increasing competitiveness. They provide an opportunity to get access to preferential loans for investment, creating new jobs and increasing productivity, which to some extent reduces inflation.

The new investment cycle launches the development process of the "supply economy". From this, according to the Prime Minister, there is a need to increase funding for innovative companies, industry, logistics, creative and more. The goal is to expand the capacity of the national market, taking into account the growing external demand. This will be possible through an array of financial instruments and stimulating taxes as part of the national project "Efficient and Competitive Economy".

The systematic, comprehensive and effective nature of such governmental approaches is reinforced, the Prime Minister emphasized, by "feedback" - meetings with company executives and the community of experts during trips to the regions and at industry forums.

More on Radar

Want to see every report in real time?

Hundreds of sources worldwide, translated into your language, with alerts for what matters to you.

Sign up free
Share on WhatsApp Get alerts on Telegram