ANNOUNCEMENT 27 Oct 2011
In October 2011, the government of the Russian Federation announced a change in private-sector financial support.
NUMBER OF INTERVENTIONS
Government Decree # 872 from 27 October 2011
The Russian Government Decree # 872 of 27 October 2011 launched a program of payments to state-owned Rosagroleasing to compensate for the gaps in income that the company incurred as a result of its leasing agricultural machineries and equipment to agricultural producers. Rosagroleasing is the operator of the federal government's program of preferential leasing of the Russian-made equipment, machinery and inputs to the local farmers and food processing companies.
The Decree launching the program does not specify how such gaps in income are to be calculated.