The plan received additional funding to support the economy can be a reserve of 120 billion rubles.


KRASNOYARSK, February 19. The MAYOR proposes that the retained action plan to support the economy to Finance anti-crisis reserve of 120 billion rubles, and another 68 billion rubles can be found either in the additional revenues of the budget or in the reserve of the government and the President. This was announced by Deputy Minister of economic development of the Russian Federation Oleg Fomichev.

“All together 188 billion rubles, of which 120 billion rubles in the budget in the form of a conditional bailout Fund. On 68 billion rubles. and even a few items without defined sources will need to seek funding. It is either additional income or reserve of the government and the President, or in the execution of the budget by mid-year, will be understandable,” he said.

Support will be provided to Vnesheconombank by increasing public debt, not within the anti-crisis reserve of the budget, said Oleg Fomichev.

“The recapitalization of VEB’s 3-percent budget deficit is not included. We assume that VEB will not recapitalize within the anti-crisis Fund and within budget, and at the expense of increasing public debt”, – said Fomichev.

He also noted that the exact amount of support of the state Corporation is not yet defined.

“Figure on the web certainly not laid. We set the pre-150 (billion), after discussion in the government, we understood that this figure is all disorienting, as it is unfounded. It can be both with less and with greater strength seriously”, – said the Deputy Minister.

As previously reported, the Supervisory Board of VEB has considered options for financial support of the Bank, but his form is not yet adopted.