THE PROGRAM FOR PROVIDING STATE GUARANTEES FOR LOANS TO SUPPORT THE PRODUCTION ACTIVITIES OF ENTERPRISES HAS BEEN EXTENDED
The Russian government continues to support businesses through measures aimed at the economic development of the country. A decision has been made to extend the validity of the rules for providing state guarantees for loans and bonds until the end of 2024, which organizations attract to support production and investment.
The decision will increase the attractiveness of investments in various sectors of the economy and will enable businesses to address a number of important tasks, including modernizing production facilities.
Government guarantees secure the obligations of organizations on loans and bond issuances. Such state support reduces creditors' risks and enhances the attractiveness of investments in sectors crucial for the country's development. In the federal budget for 2024, the total amount allocated for providing government guarantees is 329 billion rubles.