Economy
Businesses in light industry to be entitled to subsidies
Businesses in the light industry will be provided with subsidies partially reimbursing them for the cost of interest on loans.
8-month industrial production in Russia down 4.5% in 2020
In January-August 2020, industrial production in Russia decreased by 4.5% year-on-year, in August alone, it fell by 7.2% year-on-year.
Throughput of field oil and gas pipelines to be increased at Yaraktinskoye field
The project documentation envisages the construction of loop lines, i.e. additional sections of gas pipelines laid parallel to the main pipeline.
ACRA affirms credit rating of Magadan region at BBB-(RU)
On September 14, 2020, Russia's Analytical Credit Rating Agency (ACRA) affirmed the credit rating of Magadan region at BBB-(RU), with a stable outlook.
Russia to provide $1.5 bn loan to Belarus
Russian President Vladimir Putin promised a $1.5 bn loan to Belarus during his meeting with Belarus's re-elected President Alexander Lukashenko.
ACRA affirms rating of Murmansk region at A-(RU)
On September 11, 2020, Russia's Analytical Credit Rating Agency (ACRA) affirmed the credit rating of Murmansk region at A-(RU), with a stable outlook.
Russia, Belarus discuss cooperation in gas sector
Chairman of the Gazprom Management Committee , Ambassador of Belarus to Russia, and Minister of Energy of Belarus held a working meeting in St. Petersburg.
