Announcement
27 Nov 2023
In November 2023, the Russian government announced the allocation of over RUB 17.33 billion (USD 194.62 million) to a state aid scheme subsidising the purchase of localised cars by natural persons in 2024. It constitutes a RUB 10.99 billion (USD 123.42 million) increase compared to the total regular budget of this state aid scheme in 2023, which was RUB 6.34 billion (USD 71.2 million).
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Number of interventions
1
1 certainly harmful
0 likely harmful
0 liberalising
List of interventions
Implementation date
01 Jan 2024
Revocation date:
12 Sep 2024
Removed: 31 Dec 2024
Localisation, nes
On 27 November 2023, the Russian government published Federal Law No. 540-FZ on the federal budget for 2024, allocating in its Annex 12, Section 020 over RUB 17.33 billion (USD 194.62 million) to subs...
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Related State Acts
Announced: 01 Dec 2024
Russia: Government allocates over RUB 36 billion to subsidise purchasing local cars in 2025
Removed: 31 Dec 2024
Russia: Government allocates an additional RUB 6.5 billion to subsidise purchase of local cars in 2024
Announced: 02 Nov 2023
Russia: Government allocates an additional RUB 1.2 billion to subsidise purchase of local cars in 2023
Removed: 31 Dec 2023
Russia: Government allocates over RUB 5.1 billion to subsidise purchase of local cars in 2023
Announced: 04 Aug 2021
Russia: Electric vehicle purchase subsidy
Announced: 16 Apr 2015
Russian Federation: State support for the purchase of local cars
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