Announcement
16 May 2020
On 16 May 2020, the Russian Government announced a new program of interest-payment subsidies, in addition to the already existing program of subsidized loans announced in relation to the COVID-19 outbreak.
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Number of interventions
2
2 certainly harmful
0 likely harmful
0 liberalising
List of interventions
Implementation date
01 Jun 2020
Revocation date:
01 Apr 2021
Announced: 16 May 2020
Financial grant
Resolution 696 adopted by the Russian Government on 16 May 2020, announced a new program of subsidized loans with a write-off option.
The companies that keep at least 90% of their staff in March 2021...
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Implementation date
01 Jun 2020
Revocation date:
01 Nov 2020
Announced: 16 May 2020
Lending support
On 16 May 2020, the Russian Government adopted Resolution N696 announcing a new program of subsidized loans. According to the new regulation, the loans are available to the local companies from:
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Related State Acts
Announced: 27 Feb 2021
Russian Federation: New Program of Interest Subsidies for Sectors Affected by COVID-19 ("FOT 3.0")
Removed: 01 Nov 2020
Russian Federation: Passenger Railway, Seaway and Waterway Operators added to the List of Sectors Hardest Hit by the COVID-19
Removed: 01 Nov 2020
Russian Federation: Adding Mass Media to Sectors Hardest Hit by the COVID-19
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