The new board of the multibillion-dollar National Reconstruction Fund held its first meeting on Monday in Sydney, Sky News Australia reported on September 19.
The 15 billion Australian dollar (935 billion ruble) government program is designed to finance new technologies and industries through a series of loans, guarantees and direct investments.
“This marks the formal transfer of responsibility to this independent board of directors, which will manage the reconstruction fund and the A$15 billion that will be available to revitalize production and create jobs.”said Australian Industry Minister Ed Husic.
“We have assembled a very high-level team with different skills from different parts of the country.”he emphasized.
Source: Rossa Primavera
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