Mishustin urges Rosselkhozbank to increase support for farmers

Published 2024년 10월 3일

Tridge summary

Prime Minister Mikhail Mishustin has urged Rosselkhozbank to accelerate its support for the domestic agricultural sector, particularly companies involved in selection, poultry farming, and production of flour and milk. The bank currently provides financing for seasonal field work and offers loans for machinery and equipment purchases. It has also supported agricultural exporters with 512 billion rubles and provided over 100 billion rubles for small agribusinesses. Since its inception, the Russian Agricultural Bank has aided the agro-industrial complex with over 16 trillion rubles and funded over 6,000 investment projects. The bank also plays a role in agricultural sector personnel training through the 'I am in Agro' digital platform.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Prime Minister Mikhail Mishustin asked Rosselkhozbank (RSHB) to increase the pace of support for domestic agricultural producers. The head of the Government said this at a meeting with the head of the financial institution Boris Listov, writes Rossiyskaya Gazeta. “It is necessary to pay special attention to companies that are at the forefront in areas such as selection, poultry farming, flour and milk production,” the prime minister noted. He also named the availability of lending and support for farmers in the Belgorod, Kursk and Bryansk regions, where a difficult situation is currently developing, as important points. Today, Rosselkhozbank supports farmers in a number of key areas. For example, this is financing seasonal field work. Over the past period of this year, it amounted to over 600 billion rubles, and by the end of the year it may increase to 860 billion. 145 billion rubles have been allocated for the purchase of machinery and equipment by farmers. As part of project ...
Source: Rosng

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