The Cabinet of Ministers will add more than 720 million rubles for preferential loans to the agricultural sector. The government will allocate over 720 million rubles to subsidize preferential loans to agricultural producers. The money will be used to fulfill obligations under 185 short-term loans and for investment, said Mikhail Mishustin at the cabinet meeting. The banks will receive the funds as compensation for loss of income in preferential loans. This will allow maintaining preferential conditions for farmers in current loans. The Prime Minister explained the need for support through increasing logistics costs, international payments and raising prices. According to him, the government has already allocated additional funding twice so that the factories can continue to fulfill contracts in the local and foreign markets. Agronomy in Telegram | up to MAX.

The Cabinet of Ministers will add more than 720 million rubles for preferential loans to the agricultural sector. The government will allocate over 720 million rubles to subsidize preferential loans to agricultural producers. The money will be used to fulfill obligations under 185 short-term loans and for investment, said Mikhail Mishustin at the cabinet meeting. The banks will receive the funds as compensation for loss of income in preferential loans. This will allow maintaining preferential conditions for farmers in current loans. The Prime Minister explained the need for support through increasing logistics costs, international payments and raising prices. According to him, the government has already allocated additional funding twice so that the factories can continue to fulfill contracts in the local and foreign markets. Agronomy in Telegram | up to MAX.