The Board of Directors of the World Bank (WB) has approved granting a 120-million-dollar loan to Russia to support the Russian government programme to reform the financial system in the regions. This was disclosed by the Bank's Moscow representation Wednesday.
The project will not only render assistance to regions in finance management, but also contribute to increase in efficiency of operation of Russian state institutions. The project's implementation will also help regional administrations to efficiently settle problems in the sphere of education, health care, and social protection of the low-income population.
The loan is to be redeemed within 17 years.
After it turned out that Deputy Prime Minister Andrei Belousov included the Fonbet betting company in the list of backbone enterprises that can count on state support, everyone started talking about these bookmakers.