04 December 2009, Friday, 14:28

Small and medium business in Russia will receive 10 billion rubles in 2010

author: Lubov Kolokolova

It is planned to appropriate 10 billion rubles from the federal budget for support of small and medium business in 2010, the Russian Minister of economic development Elvira Nabiullina stated in the course of the meeting with the Chairman of Russian Government Vladimir Putin.

According to her the program for small business support will be altered from the point of view of more support to small business in the innovational sector. 18 billion rubles was allocated to supporting measures for small and medium business in 2009. Besides, as Elvira Nabiullina reported, the program on small business crediting for the sum of 30 billion rubles is worked up by “VNESHECONOMBANK”.

It should be noted that more than one billion rubles was allocated for state support of small and medium business in Bashkortostan in 2009 taking the co-financing from the federal budget into account.