Maternity capital offer to spend on cars

Maternity capital funds proposed to be used for the purchase of a Russian-made car

Such recommendations will be sent to the relevant ministries following the results of the parliamentary hearings on the implementation of the national project “Demography” in the Council of Federations. “The Ministry of Economic Development of the Russian Federation, the Ministry of Finance of the Russian Federation, the Ministry of Labor and Social Development of the Russian Federation to study the possibility of introducing additional measures to support families with children, for example, to direct funds (part of the funds) of maternal (family) capital to purchase a domestic car,” the document quotes TASS.

This is not the first time that the possibility of sending capital to purchase a car is being discussed. In October, a bill was introduced in the Duma that allowed the allocation of maternity capital funds for the purchase of Russian cars worth up to a million rubles. Previously, various parties have repeatedly expressed similar proposals. In 2017, a bill was also submitted to the Duma, which allows directing maternity capital funds for the purchase of a new car of domestic assembly, including through a car loan.