Russia: Subsidies to the domestic agricultural sector to compensate interest rates for the loans
Description
By the Government Decree from 14 February 2012 NO.180-p Russia introduces subsidies for the agricultural farms to compensate interest rates for the loans received from the Russian banks for agricultural business in 2005-2012. The covered loans should not exceed 8 years. The subsidies are distributed among the regions of Russia. The total amount of subsidies under this programme for 2012 is 6.3 billion rubles or 160 million Euros.
Any Evidence-Based Deliberation:
| Question | Result |
|---|---|
| Is there anything in the public record to suggest that evidence of the effectiveness of the proposed measure was considered during official deliberations? | |
| Is there any evidence that alternatives to the proposed measure were considered? | |
| Is there anything in the public record that suggests that empirical evidence informed the comparison across the alternatives available to government? | |
| Was such evidence identified? | |
| Is such evidence publicly available? | |
| Did the official decision-maker in question provide an explanation as to why a chosen measure was favoured over alternatives? | |
| Is there any evidence to suggest that potentially affected trading partners were consulted before the measures were taken? | |
| Is there any evidence that safeguards have been put in place to ensure that implementation of the initiative is transparent and non-discriminatory? | |
| Did the government state its intention to review the measure within one year of implementation? |
Date Discovered:
Implemented: Yes
Date of inception: 14 Feb 2012
Duration: 12 months
GTA Evaluation: Red
Source:
Government Decree from 14 February 2012 NO.180-p
Government Response:
- 438 reads
