ANNOUNCEMENT 07 Aug 2013In August 2013, the government of the Russian Federation announced a change in private-sector financial support.
NUMBER OF INTERVENTIONS
7 2013 1391-
On August 7, 2013, the Russian Government approved with Resolution No. 1391-p the disbursement of subsidies to co-finance investments in family farms. Eligible investments include reconstruction, farm modernisation or the purchase of farm animals. The disbursement amounts to RUB 1.5 billion (USD 45.86 million).
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.