The state Duma has supported the granting of budget loans for the importation of flour to the North

The state Duma has supported the granting of budget loans for the importation of flour to the North


In the first reading adopted a bill that allows organizations to provide loans for the purchase and delivery in the far North of the flour. Loans will be provided at the expense of regional budgets.

MOSCOW, 14 Oct. The state Duma adopted in the first reading a bill that allows organizations to grant loans at the expense of regional budgets for the purchase and delivery in the far North regions and equated areas not only fuel, but also flour for baking.

“Organizations that won the tender for delivery of flour, unfortunately, do not have working capital, to buy flour at the price of 18-20% more if they allowed themselves one hundred percent advance payment to vendor”, — explained the representative of the state Assembly of Yakutia Vasily Vlasov. Thus, according to him, the state guarantee is the only viable means of securing loans granted by banks for the purchase and delivery of flour.

“Banks goods as collateral do not accept, and therefore, ultimately, it all rests on the budget of the subjects (the Russian Federation)”, — he noted. The state still has to subsidize this commodity across the “road” movement: a part of a Bank rate part of transport costs, the difference in the price at which flour is sold by the bakery. As often as loans to banks suppliers of time does not extinguish, most of them are paid by government guarantees.

The changes will allow the budget to directly issue credit organization, which won the tender, and to lower the rate because the budget loan is issued, for example, in Yakutia for a quarter of the refinancing rate of the Central Bank, said Vlasov. As a result, he said, saving budgetary funds, and the enterprises get the possibility to prepay and save on up to 18% on the price of flour.

The budget Committee of the state Duma in finalizing the bill for the second reading intended to discuss the possibility of expanding the list of goods issued budget loans for the purchase and delivery in the far North, at the expense of certain categories of products and commodities. “The list of essential goods and food, of course, needs to be clarified”, — said the head of the Committee Andrei Makarov.