Support measures for the construction industry may be expanded

21.04.2020

If necessary, measures to support the construction industry, if necessary, can expand or increase funding for some existing ones, said Vladimir Yakushev, Minister of Construction and Housing and Public Utilities of the Russian Federation during an online conference with RBC.

“We will monitor the market situation. Accordingly, the set of measures may change – they may be added. If the situation is balanced, then some measures may be canceled, ”said Vladimir Yakushev.

The Minister noted that if the existing support measures do not show proper effectiveness and will be reviewed and replaced. “If the measures are effective, then they can be reloaded financially,” he added.

Source: RBC

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