Demand for lending to systemic enterprises estimated at 1.5 trln rubles for key industries

MOSCOW. March 24 (Interfax) - The Russian government has launched a program of subsidized lending for systemic enterprises in manufacturing and trade, as well as in agriculture, with further programs being prepared for enterprises in transport and energy, First Deputy Prime Minister Andrey Belousov said during a meeting with the Russian Union of Industrialists and Entrepreneurs (RSPP).

The demand for lending to systemic enterprises is estimated at 1.5 trillion rubles for key industries, he said.

"Belousov met with members of the RSPP management board. Discussions at the meeting focused on measure of support for domestic business amid sanctions pressure," the first deputy prime minister's secretariat told reporters.