ANNOUNCEMENT 14 Feb 2012

In February 2012, the government of Russia announced a change to private-sector financial support.

NUMBER OF INTERVENTIONS

1

  • 1 harmful
  • 0 neutral
  • 0 liberalising

SOURCE



Government Decree from 14 February 2012 NO.180-p


Inception date: 14 Feb 2012 | Removal date: 13 Feb 2013
Still in force

Interest payment subsidy

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. Thesubsidies 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.

AFFECTED SECTORS

 
N/A

AFFECTED PRODUCTS

 
N/A