The Russian government will additionally allocate more than 1 billion rubles to credit and guarantee support for enterprises in the North Caucasian Federal District (NCFD), Russia’s Prime Minister Mikhail Mishustin said.
“A decision was made on small and medium-sized businesses in the North Caucasus federal district. The government will additionally allocate over 1 billion rubles for credit and guarantee support, he said at a meeting with deputy prime ministers.
According to Mishustin, thanks to this, in the next 4 years, enterprises will be able to receive almost 14 billion rubles, use banking products, and grant loans, including preferential loans for business development and current needs, RIA Novosti informs.
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