The funding for preferential loans for agricultural producers has been increased by 10 billion rubles: Mishustin signed the decree.
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The funding for preferential loans for agricultural producers has been increased by 10 billion rubles: Mishustin signed the decree.

Supporting agricultural producers: an additional 10 billion rubles have been allocated for preferential loans for farmers. This will help increase agricultural production. In total, in 2024, 300 billion rubles have been allocated for preferential loans, some of which are taken from funds for the development of agriculture.

13 December 2024 13 December 2024

Support for the preferential lending program for agricultural producers will be further strengthened by allocating additional funds from the federal budget in the amount of over 10 billion rubles. The Prime Minister of the Russian Federation, Mikhail Vladimirovich Mishustin, has signed a decree on this decision, as reported on the official government website.

These additional funds will be used to subsidize preferential loans provided to agricultural enterprises for the production and processing of agricultural products.

“This form of support allows farmers to increase the production of agricultural raw materials and food,” the official statement notes.

In total, around 300 billion rubles were allocated for subsidizing such loans in 2024. Additional financial resources were borrowed from funds allocated in the federal budget for the development of agriculture.

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