Global Trade Alert
Global Trade Alert

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

Announcement

24 Apr 2020

On 24 April 2020, the Russian government announced an interest payment subsidy to companies with the status of systematic importance to the national economy. 

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

24 Apr 2020

Revocation date:

01 Jan 2021

Announced: 24 Apr 2020
Interest payment subsidy
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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