The industrial development Foundation decapitalizing 20 billion rubles

The industrial development Foundation decapitalizing 20 billion rubles


MOSCOW, February 9. The industry development Fund (PDF) decapitalizing in 2016 in the framework of a plan to improve economic resilience, while for these purposes is planned to allocate 20 billion rubles, the journalists said the first Deputy Minister of industry and trade of the Russian Federation Gleb Nikitin.

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“These 20 billion (rubles for the Fund for the development of industry – approx. ed) will be incorporated in the plan to improve the sustainability of the economy, which is being developed by the government, additional funds currently allocated will not. Will consider other mechanisms recapitalization of the Fund after using these funds,” he said.

According to Nikitin, the FER due to changes in rules of granting subsidies may choose the means slower.

“Given the changes to standards – reductions in funding per project and number of projects, time to work, we need more. On the other hand, we have already accumulated experience. I think we should focus that the funds we use until the end of the year,” he said.