Add to favorite
 
123
Subscribe to our Newsletters Subscribe to our Newsletters Get Daily Updates RSS
russian visa


The Russian Ministry of Finance May Reduce the Program Of Support for SMEs
August 11, 2016 16:47


(Source: http://tverigrad.ru/publication)

The Russian Ministry of Finance began to think about reducing the program of support for small and medium-sized enterprises (SMEs) in the next year. According to the proposals of the agency, the financial support may amount to 4.6 billion roubles (excluding capital investment) instead of 12.1 billion. This was reported by ‘Kommersant” on Friday.

The Ministry of Finance proposes to take the money for SMEs from the remains of funds that were previously allocated to the SMEs Corporation (as of May 1 of this year, its accounts have 37 billion roubles). The publication received a letter from the Minister of Economic Development Aleksei Ulyukayev addressed to the First Vice Prime Minister Igor Shuvalov where he sharply criticizes the initiative of the Ministry of Finance. According to his opinion, such a step contradicts “the budgetary legislation and the SMEs Development Strategy until 2030”. In addition, he pointed out that, according to the law, the funds of the SMEs Corporation can be sent only to “provide warranty support measures and the establishment of a national system of guarantee organizations”.

“According to the Law on Entrepreneurship, the objectives and functions of the SMEs Corporation can not duplicate the powers of the Ministry of Economy and the Regional Authorities for the implementation of this program” – Ulyukayev stressed. The official, in his turn, insists that the support of the program should be increased. Its funding should at least match the level of the years 2013-2015 (21-23 billion roubles annually).


Sources: http://lenta.ru 


Author: Anna Dorozhkina

Tags:      

Next Previous

You might also find interesting:

Japanese NEDO Will Cooperate With Russian Technological Development Agency Football: Debut Draw for Fabio Capello Russia Is Going To Grant a Loan to Belarus It's only the beginning Subsidies for Franchisees in Moscow









Comment on our site


RSS   twitter   facebook   submit

Bookmark and Share

search on the map
TAGS:
Transaero  Far East  Victorian Era  Dimitrovgrad  Heroes of Russia  Festivals in Moscow  Gelendzhik  Ukraine crisis  Spartak Moscow  the Bolshoi Theatre  Jewish autonomous region  Russian business  Roman Abramovich  Mercedes-Benz Fashion Week Russia  VideoFocus  Exhibitions in Moscow  Russian laws  travel to Russia  obituary  Sakhalin  Navalny  education  Heroism   Nikita Mikhalkov  Magnit  St. Petersburg  Russian Cinema  Discount Tickets  Russian books  Russian rouble  Nashestvie  Nature Reserves  Krasny Oktyabr  Flood in the Far East   Russian regions  Tsaritsino  Bashkir Cuisine  Moscow  Russia-Britain  Leonard Blavatnik  Russian actors  Gerard Depardieu  Kirovsk  Zaryadye  Russian mafia  Russian tourism  Kanopus-ST  US sanctions  Viktor Pivovarov  Modern Art 


Travel Blogs
Top Traveling Sites