BOROZ BLOG - RIA Novosti. The Russian Government is implementing a special procedure for financing "defense" in times of crisis and sanctions, said on Wednesday Deputy Prime Minister Dmitry Rogozin.
Details are not specified yet, we only know that now considered "This kind of technological work with the banks." According to the deputy chairman of the government, the Bank of Russia and the cabinet are already starting to implement the new system.
"We understand the problem that you are facing, and given indisputability our plans to modernize weapons, began to work on a special order of funding of defense enterprises, in order to realize the full program of technical re-equipment," - Rogozin said at the meeting in support of the defense industry.
According to him, the innovation will allow time to upgrade the defense companies that in the future they rearmed army.
Deputy Prime Minister pointed out that in his time with the filing of the Ministry of Finance, it was decided, in addition to direct budget financing, and credit scheme used in the allocation of money for the modernization of the defense industry and the armed forces.
The authorities were guided by the fact that "there is nothing more sacred in financial terms than the execution of the state program of armaments," Rogozin said. Therefore, the industry received a "long" money, and banks - a guaranteed refund the long term (10-25 years).
"We were largely hostage to this scheme, because once suddenly increased the refinancing rate, interest, under which state-owned banks are willing to lend defense companies have become quite different. This is not 10%, not 10.75%. This is 20-35% "- said Deputy Prime Minister.
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Redactor : Z.H.
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