Mishustin ordered to allocate 25 billion rubles to support the Russian automotive industry

Мишустин распорядился выделить 25 млрд руб. на поддержку российского автопрома

Prime Minister of Russia Mikhail Mishustin signed the order about allocation of 25 billion rubles to support the Russian automotive industry due to the spread of the coronavirus, said on Saturday the press service of the government. The report notes that funds are allocated “to the various measures to support Russian automakers, suffering losses amid the spread of a new coronavirus infection. “It is envisaged that 5 billion rubles will be spent for the purchase of ambulances, 7 billion – to subsidize credit of 8.5 billion for concessional leases, including the state program “Affordable rent” – the document says. “Another 4.5 billion will be spent on subsidies on loans for the purchase of transport for the state needs”, – the press-service.

A set of measures developed on the instructions of the President of Russia, prostimulirujte the demand for products of the automotive industry, the report says.

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