“I propose already this year to launch new mechanisms to support lending to small and medium-sized businesses, the so-called umbrella provision of guarantees.
We are talking about the following.
Our development institution, the SME Corporation, will issue guarantees for loans from partner banks.
In fact, it will take on some of the risks of small and medium-sized businesses and make loans more affordable for them, ”Putin said.
He said that “according to estimates, this will allow entrepreneurs to attract an additional resource for development in the amount of at least 600 billion rubles until 2024”.
The president also noted that it is necessary "to free small and medium-sized businesses from clearly excessive antimonopoly control."
According to him, “many thresholds have been established here for a long time, have not been revised and do not correspond to modern economic realities, the economy is growing, companies are growing.”
“For example, antimonopoly control covers all enterprises with revenues over 400 million rubles a year.
I propose to raise this bar by half - to 800 million rubles, thereby relieving a large number of growing companies from burdensome, unnecessary reports and papers, ”said the head of state.
He also proposed "to increase the share of goods and services that our large companies, state and municipal customers are obliged to purchase from small and medium-sized enterprises, including non-profit organizations."
"This share should be at least 25%," Putin added.
Earlier, Putin said that business support would continue.
Deputy head of the Ministry of Digital Development, Communications and Mass Media (Ministry of Digital Development) of Russia Maxim Parshin, in an interview with RT at the site of the St. Petersburg International Economic Forum (SPIEF), spoke about the measures that the department is taking to support IT companies.