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107.5 bln roubles to be allotted in 2017 to support Russian economy

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107.5 bln roubles to be allotted in 2017 to support Russian economy

As TASS has reported today, the economy support plan in 2017 presumes the allocation of 107.5 bln roubles (over $1.8 bln). Prime –Minister of the RF, Dmitry Medvedev, spoke about it at the conference on the provision of social and economic development of Russia

Medvedev remarked that the list of industries to be supported includes consumer goods manufacturing, machine building, transportation, agriculture, road construction, communal equipment production, etc.

These measures will give enterprises an opportunity to increase the production profitability, to decrease the prime cost of the products, and to create new jobs as well.

Besides, according to the Head of the RF Government, about 50 projects directed at the import replacement and production development will be financed by the Industry Development Foundation which is supposed to complete its capitalization in 2017.



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