Civil servants may be allowed to take out a preferential mortgage

The Ministry of Finance is preparing a project on granting preferential mortgages to civil servants.

They want to consider the initiative before the end of this year. If the offer is accepted, a preferential mortgage is supposed to be understood as subsidizing interest rates. The Ministry of Finance of the Russian Federation notes that the new support measures will help to increase the efficiency of employees. It should be added that subsidies for the purchase of housing for officials, introduced in 2009, will not be canceled.