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Russia: Government allocates additional RUB 10 billion to subsidise hotel construction

Description

On 14 September 2023, the government of Russia adopted Decree No. 2480-р, allocating an additional RUB 5 billion (USD 52 million) in 2023 to support hotel construction in over 30 regions. The budget o...

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Intervention Details

Intervention Type

State aid, unspecified

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

14 Sep 2023

Revocation date

31 Dec 2023

Implementation level

National

Affected flow

Inward

Announced as temporary

Yes

Eligible firms

location-specific

Affected Trading Partners

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Affected Sectors

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Affected Products

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