Russia Approves New Financing for Energy Sector

摘要

Russian ofOcials have agreed to allocate 7 billion rubles ($87 million) for a special loan program to support key companies among the country's struggling energy and fuel players as Western sanctions weigh on the sector. The loan was agreed during a government meeting Friday chaired by Prime Minister Mikhail Mishustin aimed at Onding Onancial measures to support the sector, which has come under increasing pressure from US and EU sanctions in response to Russia's invasion of Ukraine.