Guaranteed assistance from the state

Government Regulation igry29-12-2008 Guaranteed assistance from the state in 2009, the State will provide guarantees for loans to socially important enterprises and DIC in the amount of 300 billion rubles. However, Russia's budget the following year will be scarce. Is it too wasteful government? From the viewpoint of macroeconomic theory, the state guarantees - literate measure. The Federation Council voted for the introduction of the federal budget for 2009 and planning period 2010-2011, changes aimed at supporting individual sectors of Russian economy, labor markets and regions. The Act provides for the granting in 2009 of two new types of government guarantees of the Russian Federation for loans taken by socially important enterprises and enterprises of the military-industrial complex (MIC), totaling 300 billion rubles., RIA Novosti news agency. In this case, for loans taken by the strategic defense enterprises, government guarantees of 100 billion rubles. will be provided to ensure the return of up to 70% of the principal. State guarantees worth 200 billion rubles. will be provided to secure the return of up to 50% of principal on loans that are issued to enterprises, selected in accordance with established government procedures. These guarantees will be given a fine of 150 million rubles. up to 10 billion rubles. for a period of six months to five years.