Authors:

Dmitry S. SCHERBAKOV Postgraduate of Finance and Accounting Dept.

Abstract:

The expediency of application of the government mechanism of compensation of credit interest rates within realization of new investment projects is estimated. Stimulation of crediting of industrial enterprises poses a number of problems, which in most cases are caused by an imbalance between profitability of mechanical engineering industries and interest rates. It is obvious that support for industrial enterprises implementing new investment projects can be provided in different ways. It seems possible to reduce budgetary appropriations on realization of the specified mechanism and similar measures in other branches at the expense of stage-by-stage and purposeful policy on ensuring application of regulatory measures of the Central Bank of the Russian Federation to commercial banks and, first of all, state banks, which will allow providing crediting of the enterprises of mechanical engineering industries at the rates corresponding to profitability level in the economic sector.
Keywords:

INDUSTRY, INDUSTRIAL POLICY, TECHNICAL MODERNIZATION, CREDITING, GOVERNMENT SUPPORT FOR INDUSTRY, MECHANICAL ENGINEERING
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For citation: Dmitry S. Scherbakov. The Expediency of Government Subsidizing of Investment Credits Interest Rates in the Mechanical Engineering Industries. Upravlenets – The Manager, 2016, no. 5(63), pp. 44–48.