PM: Russia to spend 80 bln rbl to support industrial production

MOSCOW, Apr 27 (PRIME) -- The Russian government will allocate 80 billion rubles to support industrial production, Prime Minister Dmitry Medvedev said at a government meeting on Thursday.

“Our industry is demonstrating growth. What is important is that processing facilities are demonstrating a nice growth rate,” Medvedev said.

“More than 80 billion rubles are being allocated for their further development. The money will be spent on support of car production, light industry and other processing industries, on provision of affordable loans on imports replacement, on establishment of modern facilities.”

(56.3131 rubles – U.S. $1)

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