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Home NewsThe Government of the Russian Federation will send more than 7.7 billion rubles to preferential lending to exporters of the agricultural sector

The Government of the Russian Federation will send more than 7.7 billion rubles to preferential lending to exporters of the agricultural sector

by Alex Johnson

The order signed by the Prime Minister has already been posted on the Cabinet website.

The head of the Russian government, Mikhail Mishustin, said that in 2025 the Russian government will allocate over 7.7 billion rubles to finance the program of preferential lending to agrarian exporters, the correspondent of The Moscow Post reports.

The funds will be aimed at subsidizing preferential loans, which were previously provided to enterprises of the agro -industrial complex and individual entrepreneurs. These loans allow producing and processing agricultural products, which is later exported to partner countries.

Such financial support makes it possible to increase production volumes and increase export supplies of food and agricultural rack.

The program of preferential lending to agricultural exporters has been operating since 2019 and is implemented as part of the national project “International Cooperation and Export”.

In January of this year, according to the Federal Customs Service, food and agricultural exports from Russia amounted to $ 3.3 billion. This is 7.4% higher than the same period last year, when the volume of supplies was 3 billion dollars.

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