Russia. The government will discuss the financing of agricultural projects


The government of the Russian Federation at session on Thursday will discuss the issues of financing of agricultural projects, financing road activities and of the project of reconstruction and technical re-equipment of the pilot plant FSUE "State scientific center "NIOPIK", reported the press service of the Cabinet of Ministers.

Clarifies that will be discussed co-financing of expenditure obligations of the regions related to the reimbursement of part of the direct costs of the creation and upgrading of agro-industrial facilities, and the acquisition of machinery and equipment. The two draft directives propose to distribute funds in the amount of 280,4 million rubles and of 15.55 billion in 2017.

Also, the Russian government will discuss co-financing obligations related to compensation of interest rates on investment loans in agriculture. The two draft directives propose to allocate in 2017, funds in the amount 3,689 billion and for 59.55 billion.
In addition, the Cabinet of the Russian Federation may send to the regions 31,25 billion rubles for the financing of road activities.

The government may also allocate in 2017-2020 1,710 billion rubles, including 100 million rubles in 2017 for the reconstruction and technical re-equipment workshop and engineering infrastructure of the pilot plant FSUE "State scientific center "NIOPIK" to promote the production of import-substituting substances of vital and essential medicinal products.


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