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Siluanov wants to assess the effectiveness of government guarantees for debt of metallurgists
4 December 2013, Wednesday
The question of granting state guarantees for loans of Russian metallurgical companies require study , said Finance Minister Anton Siluanov .
"First we have to see how effective it is . On the other hand , we always say that to give guarantees , give them lightly - it's dangerous, because to us more and more to seek performance guarantees. This is not good , it in fact , the budget funds are diverted to what we have to lean on . a lightly , easily providing guarantees , this leads to the fact that the money from the budget practically spent on execution of guarantees , "- said Siluanov .
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