Putin: Russia has to improve regional investment support

MOSCOW, Feb 3 (PRIME) -- The government has to improve support instruments for investment in Russia’s regions, President Vladimir Putin told the Business Russia union of non-resource businesses on Thursday.

“We have to improve the instruments of support of investment activity in our regions, this is a fact,” he said.

The government also has to analyze the impact of its decisions, including work of investment loans.

“Out of the 5 billion rubles that the government encompassed for this support instrument, only 800 million rubles were spent and allocated, I think. It is obvious that this is not enough,” he said.

(76.4849 rubles – U.S. $1)

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