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21 November, Tuesday

Ufa   °

Bashkiria will receive 1.3 billion rubles for interest rate subsidies on investment loans

Economy/Business

UFA, 1 February 2017. /Bashinform News Agency, Olga Murtazina/.

1.3 billion rubles are allocated from the federal budget for Bashkortostan in 2017 to subsidize interest rates on investment loans. Taking into account the republican co-financing the total amount of state support for investment loans will amount to 1.6 billion rubles. As explained by the Ministry RB, the funds will be spent on compensation of interest rates on investment loans that were issued before December 31, 2016 and were selected by the Commission for the Agribusiness Lending Coordination of the Ministry of Agriculture of the Russian Federation.

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