The Cabinet of Ministers will allocate almost 2.5 billion rubles to support Russian digital technologies, Russian Prime Minister Mikhail Mishustin announced this during a government meeting.
Author:
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The Prime Minister clarified that the subsidized rate for them ranges from 1 to 5% per annum, and for accredited companies it does not exceed 3%. The loan amount is up to 10 billion rubles.
Money can be raised for the development and release of Russian IT products. With these funds, companies will be able to purchase software, license it, create their own technologies and software, and also pay for the work of employees.
Author:
Karina Pardaeva
Source: RB
I am a professional journalist and content creator with extensive experience writing for news websites. I currently work as an author at Gadget Onus, where I specialize in covering hot news topics. My written pieces have been published on some of the biggest media outlets around the world, including The Guardian and BBC News.
