The action of the special credit program of backbone organizations was extended to the enterprises of the rocket and space industry and nuclear energy. The corresponding decree was signed today, July 2, by Prime Minister Mikhail Mishustin. A government press release said such measures would help «ensure the smooth operation of organizations in the current economic situation.» In addition, the terms of the loan program were expanded: participating enterprises will be able to spend credit on settlements with foreign suppliers, as well as pay accounts payable for goods under factoring agreements. The loan program was launched in mid-March to support enterprises amid sanctions imposed in response to Russian military operation in Ukraine. Within the framework of the state program, enterprises can receive a loan at a preferential rate of up to 11% per annum to support their activities. One enterprise can receive up to 10 billion rubles. for a year, a group of companies — up to 30 billion rubles. To implement a preferential loan program…Source Kommersant, read …