Krasnodar, 29 January. Vice Chairman of OPORA Russia NGO Murat Dudarev has reportedly initiated a draft bill meant to help the business community handle governmental subsidies.
The essence of the proposed amendments to the Russian Budget Code lies in the fact that now governmental and municipal powers will be entitled to demand repayment of only that part of a subsidy upon which the entrepreneur has failed to meet obligations.
According to Mr. Dudarev, presently only 2.7% of small businesses are making use of governmental support measures – such unpopularity of governmental subsidies is explained by too high risks.
“Speaking literally, if a governmental official dislikes an entrepreneur, he or she can easily demand to pay back the entire sum of the subsidy. Often it leads to bankruptcy of the company.
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