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Global Trade Alert

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Russia: Government allocates an extra RUB 1 billion to support industrial mortgage

Description

On 20 March 2024, the government of Russia allocated an additional RUB 999.9 million (USD 10.77 million) under the industrial mortgage programme. According to the government news release, the budget a...

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Intervention Details

Intervention Type

Interest payment subsidy

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

20 Mar 2024

Revocation date

31 Dec 2024

Implementation level

National

Affected flow

Inward

Announced as temporary

Yes

Eligible firms

all

Affected Trading Partners

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Affected Sectors

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Affected Products

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