Finance minister says incentives do not boost oil firms’ investment
MOSCOW, Dec 12 (PRIME) -- Investment activity of Russian oil companies has not increased after they received incentives, and the Finance Ministry plans to prepare a report on effectiveness of the supporting measures, Finance Minister Anton Siluanov said at a government meeting on Thursday.
“We will present a report on effectiveness of the provided incentives at the end of the year because we see that investment activity, unfortunately, does not improve after the incentives were provided to oil companies,” Siluanov said.
“The companies plan to pay dividends from the additional income,” the minister said.
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12.12.2019 13:18