The government will allocate 25 billion rubles on the support of the automotive industry

The government will allocate 25 billion rubles on the support of the automotive industry


 

Prime.- The government will allocate 25 billion rubles on the support of the automotive industry, 5 million rubles of which will be used in the procurement of ambulances, as told by the Deputy Prime Minister of Russia Mikhail Mishustin.

“We will continue supporting the industry and the enterprises affected by the spread of the Coronavirus. As instructed by the president, we will allocate 25 billion rubles on the support of the automobile industry, 5 billion rubles of which will be spent on the procurement of ambulances” – Mishustin said during a government meeting.

As stated by the Deputy PM, funds will also be allocated on preferential car loans and leasing, as well as enabling the advance purchases of Russian made automotive products for the requirements of companies and corporations with state participation.