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The Russian government will allocate about 50 billion rubles to compensate farmers for the costs of preferential loans, Prime Minister Mikhail Mishustin said. As Izvestia writes, the measure aims to reduce increased logistics costs and support agricultural production. The financing will cover about 40 thousand loan agreements for businesses, as well as over 18 thousand consumer loans for improving housing in rural areas.

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The Russian government will allocate about 50 billion rubles to compensate farmers for the costs of preferential loans, Prime Minister Mikhail Mishustin said. As Izvestia writes, the measure aims to reduce increased logistics costs and support agricultural production. The financing will cover about 40 thousand loan agreements for businesses, as well as over 18 thousand consumer loans for improving housing in rural areas.

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