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Russian defense manufacturers receive govt subsidies of 65 bln rbls


24.07.2009, 17.30



MOSCOW, July 24 (Itar-Tass) - Russian defense manufacturers have received 65 billion rubles /USD 1=RUB 31.1/ of government subsidies as part of a package of anti-crisis measures, Deputy Prime Minister Sergei Ivanov said Friday at a meeting with President Dmitry Medvedev.

The overall anti-crisis fund the government has earmarked stands at 70 billion rubles.

“The amount of 70 billion rubles has been scheduled in the format of anti-crisis steps and 65 billion rubles have been granted in the form of subsidies,” Ivanov said.

 

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