Federal support for investment in the agroindustry by region Russia 2017

Out of the total governmental support for investment lending to agribusinesses in Russia during 2017, nearly 20 percent went to the Bryansk Region, amounting to about eight billion Russian rubles over the observed period. Furthermore, more than 10 percent of the investment incentives were intended for the Belgorod Region, which became the second most supported area by the federal state for this type of agricultural investments.

Volume of federal funds to support investment lending* in the Russian agroindustry in 2017, by region (in billion Russian rubles)

Characteristic	Federal funds in billion Russian rubles
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Release date

December 2018

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Region

Russia

Survey time period

2017

Supplementary notes

* The source clarifies that the government support for investment lending is implemented through providing subsidies from the federal budget to regional and municipal budgets to partially reimburse for investment loans obtained for agribusiness development. The effect of using subsidies for partial reimbursement of interest rate payments under investment loans in 2017 is measured by the amount of debt under subsidized loans. The subsidies are allocated for investment loans issued prior to 31 December 2016 for development of crop farming, animal farming, dairy and beef cattle breeding.

According to the source, the figures were obtained from the national agricultural ministry's "The National Report on the Progress and Implementation of the State Program for Agriculture Development and Regulation of Markets for Agricultural Products, Commodities and Food Products of 2019-2020," Federal Law No. 362-FZ of 5 December 2017 (in the wording as at 3 July 2018) "On the Federal Budget for 2018 and the Planning Period of 2019-2020."

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