Prime Minister Vladimir Putin signed an Executive Order to the Finance Ministry

Prime Minister Vladimir Putin signed an Executive Order to the Finance Ministry

Prime Minister Vladimir Putin signed an Executive Order to the Finance Ministry:
a) in order to subsidise the state Russian Corporation of Nanotechnology (hereafter, Corporation) in the form of asset contribution in the amount passed into federal property in 2009:
to guarantee the Corporation 1 billion rouble allocation in 2010;
in the drafting of the federal budget, earmark 25 billion rouble allocation to the Corporation for 2011 and 40.4 billion rouble for 2012;
b) to offer state guarantees of the Russian Federation for the repayment of the principal amount of the debt made by the Corporation on loans made for the implementation of investment projects thereof:
to guarantee the allocation of 53 billion roubles to the Corporation in 2010;
during the drafting of the federal budget, earmark 39 billion rouble allocation to the Corporation for 2011, 28 billion rouble for 2012, 33 billion rouble for 2013, 18 billion rouble for 2014, and 11 billion rouble for 2015.
The document also states it is necessary draft a resolution of the Government of the Russian Federation on approving the rules of granting state guarantees of the Russian Federation on loans made by the Corporation for the implementation of investment projects thereof, and to submit it to the Government according to the established procedure.