Loans to Russia's regions will be provided in 2009 by 3% per annum

Loans Russian regions from the federal budget in 2009 will be provided under 1 / 4, refinancing, or about 3% per annum. This was stated by Alexei Kudrin, Deputy Prime Minister and Finance Minister at a meeting of the presidium of the Russian government on Monday. "These loans - one of the key anti-crisis measures, this year they provided in the federal budget of 150 billion rubles," - "Kudrin said. He recalled that the first loans from the federal government will not be available to cover the cash gap in the budgets of the fiscal year, and a three-year term. Regions, according to Kudrin, will use these funds to achieve balance their budgets, as well as for infrastructure projects. "Also, they will be able to refinance and bank loans, which are now issued at high interest rates," - said Minister of Finance. Vice Prime Minister also noted that on Tuesday a meeting of the Trilateral Commission with representatives of the State Duma and Federation Council, which will consider the principles and calculations to provide these funds. "Providing low cost loans to start immediately after that", - Kudrin concluded. Portal Bank.ru Materials Rihanna.