The Cabinet of Ministers approved the reimbursement to banks of lost income on loans for projects of the Far Eastern Federal District

In 2022, the Russian Ministry for the Development of the Russian Far East will allocate budget allocations from the government reserve fund to provide subsidies to Russian banks and the state development corporation VEB.RF.

“Government decision: to adopt a draft order of the government of the Russian Federation on this issue,” follows from a statement by the press service of the Cabinet.

Earlier, Russian President Vladimir Putin signed a law criminalizing the illegal issuance of consumer loans and credits for persons previously held administratively liable for this offense.