LPR to get 150 mln rbls for industrial development

The Lugansk People’s Republic will receive almost 150 million rubles from the federal budget for industrial development in 2024-2026, said First Deputy Industry and Trade Minister Ivan Leonov.

“A state program has been drawn to develop the industrial sector and support our manufacturers; as a result of competitive selection of regional programs, the federal budget is allocating almost 150 million rubles,” Leonov said at a session of the dedicated parliament committee.

In 2024, subsidies will be provided to industrial enterprises as part of the regional development program to partially compensate the cost of new equipment.*i*sb