Russia: Export duties brought almost 92 billion rubles to the budget
Russia
Published Jan 28, 2022
Original content
Export duties on grain, oilseeds and sunflower oil brought more than 91.9 billion rubles to the federal budget, the State Duma Committee on Agrarian Issues said following an extended meeting on improving state regulation of the grain complex. The collection of the duty “led to a significant decrease in the profitability of agricultural production,” while the measures taken did not have any effect on food inflation, the report says. Also, according to the deputies, the mechanism proposed by the government for distributing additional revenues from duties received by the budget did not compensate for the losses incurred by agricultural producers. The head of the committee, Vladimir Kashin, estimated that 7 rubles were withdrawn from the farmers in the form of a duty. from each kilogram of grain sent for export, and the total losses for the year exceed 200 billion rubles. Deputy Minister of Agriculture Ivan Lebedev during the meeting said that the funds received, in particular, were ...
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