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Saturday, January 20, 2018

“Media: Putin discussed the night with the economy the creation of icebreaking fleet”

Journalists were able to find out intriguing details of the late meeting of Russian President Vladimir Putin with representatives of the economic block of the government. It was about the financing of major infrastructure projects.

photo: Natalia Gubernatorova

Vladimir Putin

During the meeting, which began late on Thursday ended after midnight, they the increase in the programme of project financing of the Central Bank, “Vedomosti”.

Recall that the meeting was called Prime Minister Dmitry Medvedev, first Deputy Prime Minister Igor Shuvalov, presidential aide Andrei Belousov, Finance Minister Anton Siluanov, Minister of economic development Alexei Ulyukayev, the Chairman of the accounts chamber Tatyana Golikova and the head of the Central Bank Elvira Nabiullina.

The initiator of the meeting, the newspaper notes, was the speaker. Participants govorili about the program of project financing by the Central Bank, and then discussed how to stimulate economic growth.

So, the Ministry of economic development has proposed increasing the program by the Central Bank with 100 billion rubles to 240. The speaker tried to convince colleagues of the need to stimulate economic growth through state investments, one of the forms of project financing. It was opposed by Belousov and Nabiullina – they were not satisfied with the mechanism of selection of projects

According to the program of project financing in 2015, selected 42 projects worth 347,3 billion. And including projects on of icebreaking , the airport in Rostov-on-don, in the pharmaceutical industry, for import substitution in agriculture, greenhouses, livestock and power grids. Now the projects get loans from selected banks at 11.5% and receive refinancing in the Bank of Russia at 9%.

Earlier in the Kremlin said that the President will hold a meeting to “compare notes” on economic issues. “Apparently, it will be too at some point tonight,” said then Sand.

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