The Cabinet of Ministers of the Russian Federation will allocate more than 100 billion to increase the stability of the economy

Photo: © Dmitry Astakhov/POOL/TASS

The Russian government will allocate more than 100 billion rubles to improve the stability of the economy. This was announced on Monday by Russian Prime Minister Mikhail Mishustin.

According to him, Russian leader Vladimir Putin drew attention to the need to provide assistance to industries to overcome difficulties.

“At a meeting of the Presidium of the Government Commission on Increasing the Stability of the Economy, we discussed in detail which areas need additional attention. We will allocate 100 billion rubles for these purposes”– said Mishustin during a meeting with deputy prime ministers.

Earlier, he announced the allocation of 15 billion rubles to expand the production of MS-21 aircraft. Also, another 25 billion rubles will be directed to support the air traffic management system.

“We will send another 15 billion rubles to the program of preferential leasing of sea vessels”Mishustin added.

He noted that the Cabinet of Ministers decided to decapitalize the Industrial Development Fund in the amount of 8 billion rubles.



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