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More than 300 billion debts written off to defense industry enterprises
In Russia, enterprises of the military-industrial complex will write off 375 billion rubles of debts. About the same amount is being restructured for 15 years at 3% per annum. This was announced by Deputy Prime Minister Yuri Borisov.
According to TASS, these measures should allow the defense industry to free itself from debt oppression and direct money to its own development. Now the loan portfolio of the complex exceeds two trillion rubles.
The issue of debt relief was resolved with the participation of federal funds and preferential conditions for restructuring by Russian banks.