VLADIMIR PUTIN
ARCHIVE OF THE OFFICIAL SITE
OF THE 2008-2012 PRIME MINISTER
OF THE RUSSIAN FEDERATION
VLADIMIR PUTIN
ARCHIVE OF THE OFFICIAL SITE
OF THE 2008-2012 PRIME MINISTER
OF THE RUSSIAN FEDERATION
VLADIMIR PUTIN
"The insured amount of money deposited in bank accounts was increased to 700,000 roubles, that funds were allocated for the rehabilitation of ailing financial institutions and replenishment of bank capital through subordinated loans."
"At the same time, I think it is possible to offer the necessary government guarantees - a little over 4 billion roubles - to fully reschedule GAZ debts to its creditors. The state must act as a guarantor. I hope this measure will help the enterprise get out of the current situation and gain the necessary momentum for the future."
"State guarantees will also be extended to KAMAZ and Sollers, 4.6 and 5 billion roubles, respectively, in guarantees of investment programmes and projects."
"First a few words about VAZ. Based on the preliminary analysis of the situation and the discussion today, I think we can afford to allocate 25 billion roubles to redeem earlier credits to restore the current solvency of this enterprise through Rostekhologii Corporation. The money will be disbursed as the material contribution and then transferred to AvtoVAZ as an interest-free loan."
"I also believe it is possible to restructure AvtoVAZ debts to the federal budget - that is, allowing it to its tax arrears not in 2009-2015, but in 2011-2017. As I said today, it would save the enterprise about 1.5 billion roubles. The same measure may be taken with regard to ZIL, in which case said company would save 800 million roubles."
"In fact, a decision has been made in principle to step up work on leasing schemes in the procurement of automobiles by government institutions. We have just heard that the work to create a specialized leasing company for the Ministry of Transport has been completed. I hope that it will start working and placing orders and will hold the relevant tenders in the near future."
"The legal framework is already in place for launching the programme of subsidizing interest on loans for purchasing domestically-made cars priced up to 350,000 roubles. I am referring not only to the traditional Russian brands, but also to foreign cars assembled in Russia."
"The construction of a car assembly plant in the Far East. <...> In order to build that enterprise, access to "long money" is needed - for example, by issuing bonds in the market. This topic was also discussed today. We will in every way support the relevant proposals of the Central Bank. All these measures will hopefully combine to play a positive role."
"In February of this year the Government allocated an additional 12.5 billion roubles for centralized procurement of automobiles for government needs. We have just been talking about it and I would like to stress - and I am appealing to the heads of government bodies present here - that all the plans must be fulfilled in short order. Everything must be done by the middle of April."
"The other day the Government approved the procedure for the distribution of state subsidies for the purchase of transportation and utilities technology for the needs of the regions and municipalities. As one executive of the Ministry of Regions said, in April the subsidies are to be disbursed and tenders to procure automobiles through the regions must begin to be held."
"The conference today will be attended by the heads of a number of ministries and departments, who will report on the dates for the tenders to buy different classes of vehicles for government needs, including from your company. In all, we have approved the allocation of an additional 12.5 billion roubles for these purposes, and now we will discuss reasons for procrastination. The tenders will be held now, which means that part of your output will be sold."
We have also allocated 20 billion roubles from the federal budget and expect to attract 10 billion roubles from the regional budgets for the acquisition of automobiles for the regional and municipal authorities, including the Interior Ministry, healthcare, municipal authorities, etc.
"The auto industry is very sensitive to demand trends, so our main decisions were aimed at putting together the necessary package of orders for the enterprises and ensure their financial stability. Today we noted that for some segments of the automobile industry, the government order is critical."
"I will begin with the general measures, not only regarding the country as a whole but mainly regarding the Samara Region. We have decided to allocate 700 million roubles to maintain employment. The Government of the Samara Region will also allocate some funds. A total of 300 million roubles will be allocated for the development of small and medium-sized businesses. 103,000 people work a the head plant of AvtoVAZ, and over 200,000 people work for small and medium-sized companies that are connected with your firm. Therefore, these allocations to small and medium-sized businesses should have a positive effect also on AvtoVAZ."
“In these difficult conditions, the Government has adopted a number of additional measures to support the industry. First, it has passed a resolution to allot eight billion roubles to the Khrunichev Centre. I have signed it today. This entire sum will be used to increase the centre's charter capital. Support for the centre means support for the whole industry, considering it and associated enterprises employ about 120,000 people. Second, the Energomash Stock Company will receive state guarantees for up to three billion roubles. Third, 16 of the industry's companies will receive subsidies in the established procedure and will reimburse themselves for part of their expenses on interest payments.”
"We should focus on priority projects and guarantee their successful completion. I'm referring to the construction of the Angara missile complex and development of the new space equipment for navigation, communication, and the Earth's remote probing."
“Therefore, in line with the already determined strategy, we should continue to carry out structural reforms of the missile space industry and streamline its technological and experimental base. As a result, we should be able to greatly enhance its effectiveness and bring its management to a much higher level.”
“I'd like to emphasize that the adjusted version of the budget does not envisage any reduction in the allocations on the missile space industry. All in all, almost 82 billion roubles are earmarked for it under three federal programmes.”
"Today, I'll sign the Government decree on the transfer of 19 companies (from all basins - the Baltics, the Volga Region, the Far East, and the North) to the United Shipbuilding Corporation (USC). I'm hoping that its establishment will be completed by April 1, as we planned."
“We are also planning to launch a new federal targeted programme. I'd like to remind you once again that we have preserved almost all high-tech programmes despite the streamlining of our budget. Moreover, we have left their funding virtually unchanged. The budget provides 136.4 billion roubles for a federal targeted programme to develop civilian shipbuilding, including 4.2 billion roubles for this year. This sum will not be reduced. All in all, 17 million roubles will be allocated for civilian shipbuilding and will be used in full.”
