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The Cabinet of Ministers will allocate 15 billion rubles to support technological developments in the Russian Federation

The Cabinet of Ministers will allocate 15 billion rubles to support technological developments in the Russian Federation
Photo: government.ru
The government intends to allocate 15 billion rubles to the Russian Fund for Technological Development. The funds will go to support domestic developments.

According to Prime Minister Mikhail Mishustin during a government meeting, the money is intended for projects in the production of new high-tech and competitive products. This will increase the export potential of Russian companies. 

In addition, projects aimed at combating COVID-19 will receive state assistance. First of all, the production necessary for the diagnosis and treatment of the disease.
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