Announcement
01 Dec 2024
In December 2024, the Russian government allocated over RUB 36 billion (USD 334.15 million) in state aid to subsidise discounts for purchasing new local cars by natural persons in 2025. It constitutes a RUB 12.17 billion (USD 112.96 million) increase compared to the total regular budget of this state aid scheme in 2024, which was over RUB 23.83 billion (USD 221.19 million).
Source
Number of interventions
1
1 certainly harmful
0 likely harmful
0 liberalising
1 in force
Implementation date
01 Jan 2025
Revocation date:
No revocation date
On 1 December 2024, the Russian government published Federal Law No. 419-FZ on the federal budget for 2025, allocating in its Annex 12, Section 020 over RUB 36 billion (USD 334.15 million) to subsidis...
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