Global Trade Alert
Global Trade Alert

Russia: Government allocates over RUB 17.33 billion to subsidise purchase of local cars in 2024

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).

Source

Sign in to access

Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

Threads

See all

This state act is not part of any Thread yet.