Russian government to consider reserve fund financing for subsidized agricultural loans
Source: milknews.ru
The Russian government plans to discuss allocating funds to the Ministry of Agriculture to support subsidized lending to agricultural producers. According to the government's press service, the issue is on the meeting's agenda.
The draft order provides for budget allocations to the ministry in 2026. The funding is expected to come from the government's reserve fund.
Recipients of the federal subsidies will include Russian banks, international financial institutions and the state development corporation VEB.RF.
The funds are intended to compensate lenders for income forgone when issuing loans on preferential terms.
Eligible borrowers include agricultural producers, organizations and individual entrepreneurs. Agricultural credit consumer cooperatives are excluded.
Subsidized loans are provided for agricultural production, primary or subsequent industrial processing of agricultural products, and their sale.
