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Farmers will receive a deferment of payments on subsidized loans
Producers and processors of agricultural products can extend the year previously taken preferential short-term loan, which expires in 2020, reported the press service of the Vice-Premier of Victoria Abramchenko. This will be one of the measures to support industry amid the spread of the coronavirus.
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In the framework of state support of small businesses will also be able for a year to defer payment of accrued interest on previously received preferential short-term loan, expiring in 2020. Another possibility is the delay of payments of accrued interest and principal debt at a reduced investment loan.

"On behalf of the President of the country we will provide targeted assistance to agricultural producers, significantly easing their credit burden. Sure that the proposed measures will allow companies and farmers to continue the reliable supply of the domestic market, but also to think about the prospect of further growth of exports," said Mrs. Abramchenko.

According to the press service of Federal budget funds to provide these support measures also required of RUB 4 billion in 2020 and 6 billion rubles in 2021. Draft decision on the allocation of banks of subsidies for compensation of the shortfall of their incomes on subsidized loans are already prepared by the government.

May 20, President Vladimir Putin held a meeting on situation in agriculture and the food industry. He instructed to increase support for farmers by 4.5 billion rubles, and promptly bring to farmers, the funds for agricultural development.



Translated by service "Yandex.Translation"
Источники: Коммерсантъ
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