Russian agriculture to get extra 153 bln rubles in soft loans

Russian agriculture to get extra 153 bln rubles in soft loans – Putin

MOSCOW. April 5 (Interfax) – Russian President Vladimir Putin backed a government proposal to allocate a further 153 billion rubles from the budget for preferential loans to agriculture.

“It is of course important to ensure the stable operation of agricultural enterprises this year. And in this regard, I support the government’s proposal to allocate additionally at least 153 billion rubles from the federal budget, primarily for preferential short-term and investment loans for the sector,” he said at a meeting devoted to the sector’s issues.