Go to ...

The Newspapers

Gathering and spreading news from various Russian Newspapers

The Newspapers on Google+The Newspapers on LinkedInRSS Feed

Friday, December 15, 2017

The Bank will ask to 260 billion rubles from the budget for repayment of debts


The Minister of economic development Alexei Ulyukayev said that the VEB can request from the state 260 billion rubles from the budget for repayment of external debt in 2017.

Ulyukayev said that the Bank has a debt repayment schedule and because of the sanctions regime, he is unable to refinance these debts, resulting in a financial gap.

“This year it is 150 billion, and another 260 billion. We are talking about the financial gap through the provision of budgetary funds”, — said Ulyukayev.

Earlier, Prime Minister Dmitry Medvedev said that the government decided to capitalize the Bank in 2016 to 150 billion rubles.

Related posts:
"Social contributions will reduce from 30% to 26%"
A meeting of OPEC and Russia only collapsed the price of oil
Putin saved Vologda butter
Media: Iran has agreed to set oil prices at $50-60

Recommended

More Stories From Economy