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Russian Federation: Interest Payment Subsidies to the Russian "Companies of Systemic Importance"

Description

On 24 April 2020, the Russian government allocated 24 billion rubles (USD 322 m) from the emergency-times Reserve Fund to the Russian commercial banks to service the program of interest payment subsid...

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Intervention Details

Intervention Type

Interest payment subsidy

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

24 Apr 2020

Revocation date

01 Jan 2021

Implementation level

NFI

Affected flow

Inward

Announced as temporary

Yes

Eligible firms

firm-specific

Affected Trading Partners

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Affected Sectors

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Affected Products

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