The speaker: the draft plan to support the economy provides for funds in the amount of 200 billion rubles.


MOSCOW, 5 February. The draft plan to support the economy provides for funds in the amount of 200 billion rubles, told journalists the Minister of economic development of Russia Alexei Ulyukayev.

“About 200 billion rubles. This is on top of that subjugation. Plus 450 billion rubles in the budget signed”, – he said.

The Minister added that 200 billion roubles will be allocated from the anti-crisis Fund. According to him, this figure is not yet fully coordinated with the ministries and departments.

Unlike anti-crisis plan of the government in 2015, the plan to support the economy will mainly consist of financial investments in banks and enterprises, and measures to stimulate economic growth over the long term. In particular, the government’s plan will include measures to support small and medium businesses, whose share in GDP is expected to grow twice by 2030. Most of the measures of the plan does not provide for additional budget expenditures. The need for a plan was due to the downturn in the economy due to a sharp fall in oil prices.

On privatization

Russian business shows interest in privatization, told journalists the Minister of economic development.

“I am aware of the interest of Russian business. Not specifically say. But I personally talked with those who show this interest”, – he told, answering a question, do Russian billionaires interest in privatization.

The Ministry of economic development prepared and submitted to the government a list of companies for privatization in 2016, Ulyukayev said.

“The list we have prepared, made,” he said.

The Minister noted that he expects that within a few days it will be adopted.

Yesterday the Minister noted the great interest of investors in the expansion of the privatization program. According to him, Russian Russian assets is now seriously undervalued, it creates additional demand.

Earlier, Ulyukayev said that in the first place can be privatized Bashneft, ALROSA and Rosneft . According to him, it’s a public company that is listed on the market, therefore they are technically and legally ready for the best privatization and best known to the investor.

On The Web

The Supervisory Board of the Bank on the meeting on Thursday, February 4, addressed the current issues, the program of financial rehabilitation of the Corporation was not discussed, said the Minister of economic development of the Russian Federation.

“Considered current issues, the programme of rehabilitation was not discussed”, – he said.

Before the press Secretary of the Prime Minister of the Russian Federation Natalia Timakova has declared that the Supervisory Board of VEB has considered options for financial support of the Bank, but the decision is still pending.

According to a source familiar with the situation, were considered, in particular option associated with providing support to VEB in the amount of about 200 billion rubles.