AreaRussian Federation

Commodity GroupMilk and dairy products

CommodityDairy products

Date04/04/2024

Policy CategoryProduction

Policy InstrumentGovernment support

DescriptionAnnounced the allocation of RUB 5 billion (around USD 54 million) from the federal budget under the preferential lending program, which was launched in 2017 for agricultural producers. This scheme provides loans under concessional terms to agricultural producers for short-term or long-term investment at preferential rates.