ANNOUNCEMENT 30 Jul 2013In July 2013, the government of the Russian Federation announced a change in private-sector financial support.
NUMBER OF INTERVENTIONS
30 2013 1343-
On 30 July 2013, the Russian government approved Order 1343-p drafted by the Russian Finance Ministry. The signed document establishes a list of investment projects to be carried out with the support of three Russian banks: Sberbank of Russia, Gazprombank and VTB Bank. The list of investment projects consists of infrastructure development and construction.
Following this Order, the banks will assume the responsibility for analysing the possibilities for attracting private investments for the listed projects and for the conducting of a mandatory public technological and pricing audit.