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Mishustin signed a resolution to reduce the rate on preferential mortgages from 9 to 7%

The prime minister recalled that the duration of the program and its parameters remained the same.  Photo: Dmitry Astakhov/POOL/TASS

The prime minister recalled that the duration of the program and its parameters remained the same. Photo: Dmitry Astakhov/POOL/TASS

The government meeting on Wednesday began with a moment of silence in memory of those killed in the Great Patriotic War.

– 81 years ago the Great Patriotic War began. This is a day of remembrance and mourning. In the rear and on the fronts, people fought to defend the independence of our country. We are grateful to the generation that defeated fascism and gave us the future. It is important that the memory of these heroes continue to be carefully kept in every Russian family,” Mishustin said.

The ministers (the Cabinet meeting was held via video link) got up from their seats.

After that, Mishustin moved on to the agenda of the meeting. The prime minister announced that he had signed a government decree on lowering the rate on preferential mortgages from 9 to 7%.

“This measure will not only help more people buy housing on favorable terms, but will also provide significant support to the construction sector, load capacities and related industries,” Mishustin said.

You can get a loan at a preferential rate until the end of this year. The prime minister recalled that the duration of the program and its parameters remained the same. The size of the subsidized loan is 12 million rubles for Moscow, St. Petersburg, Moscow and Leningrad regions and 6 million rubles for other Russian entities.

In addition, from May 1, the maximum loan amount for a mortgage using a preferential rate was increased to 30 million and 15 million rubles, respectively.

Mishustin also said that the budget in the 1st quarter of this year received a quarter of revenue more than expected.

– The results of the first three months show that revenues exceeded the forecast figures by almost a quarter and by more than a third – the figures for the same period last year, amounting to more than 7 trillion. rubles,” said Mishustin.

The prime minister said that the government will continue to fulfill all social obligations on time.

At its meeting, the government also approved a five-year plan for road activities. More than 5 trillion rubles will be allocated from the federal treasury. With this money, more than 4,000 kilometers of modern highways will be modernized, expanded and built from scratch. According to Mishustin, taking into account the investment of regional budgets and the National Welfare Fund, funding will exceed 13 trillion rubles in five years.

“In general, this will make it possible to upgrade more than 100,000 kilometers of roads across the country,” Mishustin said.

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