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Plans to launch a new mortgage subsidy program

The Government of the Russian Federation and interested departments are developing a new program of state subsidies mortgages. The launch of the program is planned as part of possible measures to support the construction industry.

According to Minister of Construction and Housing Vladimir Yakushev, state subsidies mortgages is expedient in view of the current state of the construction market and the need to implement a national housing project, directly related to mortgage lending.

Earlier, Business Ombudsman Boris Titov said that after the launch of the
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