RT Prime Minister Rustam Minnikhanov: “Lack of credit resources available for commodity producers is typical for all regions in the country”

Head of Tatarstan government held the 8th session of Economic council under RT Cabinet. RF Deputy Minister of industry and trade Stanislav Naumov took part in the event.

Stanislav Naumov told about measures taken by federal government on stabilization of the current situation under crisis conditions. He considers that the key issue is a demand for Russian-produced goods. “We have succeeded in keeping the parameters of defense order for companies. Moreover, the budgets of federal target programs have been maintained as well”, - he said.

Rustam Minnikhanov informed that according to preliminary results for 2 months in 2009 a slowdown process is underway in many branches of industry. He expressed gratitude addressed to federal government for timely support of regions. In particular, Rustam Minnikhanov thanked Gorbunov Kazan aircraft production association (the credit from Sberbank under guarantees of federal government) and a large order for JSC “KAMAZ”.

RT Prime minister believes that one of the main problems for regional economy is lack of credit resources available for commodity producers. He also reminded that the number of the unemployed is growing up. Currently, it exceeds 49 000 people.

Agricultural sector is also facing serious problems – investors who had undertaken implementing big projects in meat and dairy, processing industry face credit non-payment.

Deputy minister of industry and trade Vladimir Solovyev reported on economic situation in the republic in details.

Deputy minister of labour, payment and social care Klara Tazetdinova, Director general of JSC “Kazankomressormash” Ibragim Khisamiev, Deputy Director general – Director on economy and finance of JSC “Kazanorgsintez” also made reports at the session.