Global Trade Alert
Global Trade Alert

Russian Federation: Additional Financing for Interest Payment Subsidies to Companies of Systemic Importance (July 2021)

Announcement

28 Jul 2021

In July 2021, the Russian government increased the financing of the program of subsidized loans to the local companies of systemic importance to the Russian economy. 

Source

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

28 Jul 2021

Revocation date:

31 Dec 2021

Announced: 28 Jul 2021
Interest payment subsidy
On 28 July 2021, another 2.04 billion rubles (USD 27 million) was allocated in soft loans for strategic enterprises "of systemic importance". With 3.9 billion allocated in April 2021, the total amount...
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