To the development Fund shall direct captainsteve in the amount of up to 0.5% of GDP

© RIA Novosti / Vladimir Mackinderite in photobacteria the government House. Archival photoTo the development Fund shall direct captainsteve in the amount of up to 0.5% of GDP© RIA Novosti / Vladimir Mackinderite the image Bank

The government draws up a development Fund that will aim additional borrowing in the amount of up to 0.5% of GDP, net borrowing in the six years will be $ 3.5 trillion rubles, said first Vice Premier, Finance Minister Anton Siluanov.

«The Foundation of development. Source for such a Fund would be an additional state borrowing in the amount of up to 0.5% of gross domestic product. The amount of the sixth anniversary time period will be about 3.5 trillion rubles. This is a balanced volume that can afford it,» said Siluanov, adding that this borrowing would not threaten the sustainability of public finances, credit availability to the private sector.

«That will enable key infrastructure projects in the field of digital economy, to support the export of our exporters, to assist small and medium size entrepreneurship», — said Siluanov.

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