The Russian government will allocate less money to support IT companies than planned. The order published on October 3 says that it has reduced the amount of subsidies for soft loans for system—forming organizations by six times – from 3 billion to 500 million rubles.

Previously, it was expected that the volume of credit funds for 2022 would amount to 54.4 billion rubles, but now we are talking about “at least 20 billion rubles.”

The amount of funds for subsidizing preferential mortgages to IT specialists was also reduced – from 1.5 billion to 500 million rubles.

Source:

Official Internet portal of legal information

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