ANNOUNCED AS TEMPORARYNo
On 27 February 2016 the Russian Government approved an allocation of federal budget subsidies to 74 subjects of the Russian Federation (top-level administrative units as per the Russian Constitution (Resolution No 320-p).
The purpose of the subsidies (3.47 billion RUB, or ca. 46 million USD) is to co-finance expenditures, related to the development of family cattle breeding farms (without disclosure of a concrete list of end beneficiaries). Decree No. 165 contains the rules for allocation of these subsidies (see the related GTA report No. 11059 for more details). A concise summary of the subsidised end beneficiaries' activities includes:
The GTA includes state guarantees and other financial incentives that are likely to affect the restructuring and performance of firms facing international competition, whether from imports, in export markets, and from foreign subsidiaries.
⚑ Please report this page in case you detect an inaccuracy in its content.