A Russian Riddle: Procurement Policies Explained
Oct 14, 2014 20:36 UTCLatest updates[?]: Russia's government said they'd back loans meant to finance the fulfillment of government orders by defense contractors. What does that mean?
Our reader survey is in your email box, and we really want to hear from you because we have great readers. Back on Sept 18/14, Daily Rapid Fire said:
“Russian Prime Minister Medvedev gave government backing [Moscow Times] to loans meant to finance the fulfillment of government orders by defense contractors such as MiG. We wrote that sentence and can’t make sense of it either. Do they mean that until that announcement the Russian government may not have paid for what it had ordered?”
Enter DID subscriber Iouri Synogatch to say yes, it does mean what we thought it said. But there’s also more to the story…
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