Fradkov signs regulations of Investment fund
The head of Russian government Mikhail Fradkov has signed regulations of the Investment fund 23 November,
PRIME-TASS informs referring to economic development ministry?s press-cutting service. Other 10-15 standard acts should be adopted after the approval of regulations of the Investment fund including financial consultant selection and the budget.
Projects which could be sponsored by the Investment fund would be selected on a competitive basis. 69.7 b rubles were allocated for the Investment fund from the Federal budget 2006. 72 b rubles are going to be allocated in 2007.
|
