Russia will provide farmers with short-term loans with preferential rates worth over 160 billion rubles to ensure they have access to the inputs for a successful planting season, according to Prime Minister Mikhail Mishustin. He said the planting season that just started must go “uninterrupted.”
Mishustin did not discuss reducing wheat exports. However, he said the country must prioritize grain supplies for domestic use.
The Russian government will also cut taxes on light vehicles, allow some companies not to disclose their corporate documents, remove income tax on deposits, help Russian airlines to keep their foreign fleets and retaliate against countries banning Russian ships entrance to their ports.
