He made such a statement at SPIEF.
A fundamentally new tool could help domestic businesses quickly expand production, the president noted.
“We are talking about preferential long-term loans at a rate of 5% per annum.
Enterprises that plan to buy ready-made areas for production will be eligible for such loans.
I ask the government, without delay, to work out all the details with the Russian banking sector so that industrial mortgages will work in full in the near future,” the head of state said.
The head of state also urged on a permanent basis to abandon scheduled inspections of enterprises whose activities are not associated with the risk of harm.
RT is broadcasting live the plenary session of the St. Petersburg International Economic Forum.