PM: Government to spend 15 bln rbl on car component production

MOSCOW, Nov 30 (PRIME) -- The Russian government will allocate 15 billion rubles to financing of car component manufacturing, Prime Minister Mikhail Mishustin said on Thursday.

"The government will additionally allocate 15 billion rubles to the industry development fund, the subsidies will finance at least 10 important projects," the official said.

"This decision will help accelerate development and production of components. At the same time, we must control the end price of Russian cars. The president emphasized the need to check fairness of these prices," Mishustin said.

(88.8841 rubles – U.S. $1)

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