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Russia: Government allocates an additional RUB 7 billion for grain purchases

Description

On 15 March 2024, the government of Russia issued Decree No. 613-p, allocating RUB 7 billion (USD 76 million) from its reserve fund to purchase grains from the market. The stated objective is the stab...

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Intervention Details

Intervention Type

Price stabilisation

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

15 Mar 2024

Revocation date

No revocation date

Implementation level

National

Affected flow

Inward

Announced as temporary

No

Eligible firms

all

Affected Trading Partners

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Affected Sectors

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Affected Products

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