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Global Trade Alert

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Russia: Government doubles the budget of the preferential SME lending programme

Description

On 7 February 2023, the Russian SME corporation raised the total funding available in 2023 to the local small and medium-sized enterprises (SMEs) from RUB 50 billion (USD 650 million) to RUB 100 billi...

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Intervention Details

Intervention Type

State loan

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

07 Feb 2023

Revocation date

31 Dec 2023

Implementation level

NFI

Affected flow

Inward

Announced as temporary

Yes

Eligible firms

SMEs

Affected Trading Partners

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Affected Sectors

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Affected Products

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