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MIL OSI Translation. Region: Russian Federation –

Source: Government of the Russian Federation – An important disclaimer is located at the bottom of this article.

Resolution of April 16, 2024 No. 490

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Resolution of April 16, 2024 No. 490

The government continues to support businesses as part of measures aimed at the economic development of the country. It was decided to extend until the end of 2024 the rules for providing state guarantees for loans and bond issues attracted by organizations to support their production activities and capital investments. This resolution was signed by Prime Minister Mikhail Mishustin.

Extending this support measure will increase the attractiveness of investment in various sectors of the economy and will allow businesses to solve a number of important problems, including modernizing production.

As part of the program, the state guarantee ensures the obligations of organizations on loans and bond issues. Such government support helps reduce creditor risks and increase the attractiveness of investment in areas important for the country’s development. In the federal budget for 2024, the total amount of funds for the provision of state guarantees is 329 billion rubles.

The signed document makes changes toGovernment Decree of May 10, 2017 No. 549.

Note; This information is raw content directly from the source of the information. This is exactly what the source states and does not reflect the position of MIL-OSI or its clients.

Please note; This information is raw content directly from the information source. It is accurate to what the source is stating and does not reflect the position of MIL-OSI or its clients.

EDITOR’S NOTE: This article is a translation. Apologies should the grammar and or sentence structure not be perfect.

MIL OSI News (multilanguage service)