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. Last Updated: 07/27/2016

Putin Sets Aside $33 Million For Car Loans

Prime Minister Vladimir Putin said Thursday that the government would allocate 1 billion rubles ($33 million) to extend car loan subsidies through 2010.

I've signed a document allocating another billion rubles to offset lenders' falling revenues as compensation for car loan interest rates," Putin said at a meeting of the presidium.

(MT)