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Mishustin instructed to make proposals on subsidizing the loan rate for the defense industry by June 30

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Image source: © Дмитрий Астахов/POOL/ТАСС

This issue was raised during the Prime Minister's visit to the Constellation concern in Voronezh on January 20, which develops and manufactures communications equipment

MOSCOW, January 29. /tass/. The relevant ministries have until June 30 to submit proposals on subsidizing the interest rate on loans that are attracted by defense enterprises to fulfill obligations under the state defense order. As the press service of the Cabinet of Ministers reported on Saturday, such an order was given by the Prime Minister of the Russian Federation Mikhail Mishustin.

The relevant issue was raised during the visit of the head of government on January 20 in Voronezh to the Constellation concern, which develops and manufactures communications equipment.

"Proposals to improve the efficiency of concessional lending to such enterprises, including subsidizing the interest rate on..> loans [to defense industry enterprises under the execution of the state defense order], the Ministry of Industry and Trade, the Ministry of Economic Development and the Ministry of Finance must submit to the government by June 30," the government's press service reported.

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