IMPLEMENTATION LEVEL

National

AFFECTED FLOW

Inflow

ANNOUNCED AS TEMPORARY

No

NON-TRADE-RELATED RATIONALE

No

ELIGIBLE FIRMS

all

JUMBO

No

TARIFF PEAK

No
← back to the state act
Inception date: 13 Mar 2015 | Removal date: open ended
Still in force

Financial grant

On 13 March 2015 the Russian government approved a plan for supporting mortgage lenders (Decree Nr. 220).
Concretely, Russian credit institutions and the Agency for Housing Mortgage Lending can seek compensation for lost revenue from distressed mortgage loans. The total allocation from the federal budget is at the amount of 20 billion Russian Roubles (ca. 500 million USD).
The GTA includes state guarantees and other financial incentives thatare likely to affect the restructuring and performance of firms facinginternational competition, whether from imports, in export markets, andfrom foreign subsidiaries.

AFFECTED COUNTRIES

MAP
TABLE
EXPORT

Please report this page in case you detect an inaccuracy in its content.