“I am positive about any proposal that supports the Russian industry.
Such concern is largely related to the need for import substitution in many industries, especially high-tech ones,” Finogenova said.
Such a measure will allow many companies and industries to develop and feel confident, the specialist believes.
“However, there are risks associated with the development of the projects themselves.
If, for example, a company wants to build a project, then the money should be issued under clear, justified project financing.
It is necessary to take into account the financial risks of the company, the sales potential and the cash flows that the company plans to generate,” the economist added.
It is necessary to take into account a number of factors in order for the budget not to lose money on insolvent projects, the expert concluded.
Earlier, Putin proposed launching an “industrial mortgage” in Russia at 5% per annum for enterprises ready to build new production facilities.
This statement was made by the Russian President at SPIEF.
According to him, a fundamentally new tool could help domestic businesses quickly expand production.