The Russian government will subsidize 500 concessional loans for the agro-industrial complex

In 2026, the Russian government will allocate 1.15 billion rubles from the reserve fund to subsidize 500 concessional short-term and investment loans to the agro-industrial complex. The relevant order, dated November 12, 2026 No. 3309-r, was signed by Prime Minister Mikhail Mishustin.

The funds are allocated to the Agriculture Ministry to reimburse banks, international financial organizations and the state corporation VEB.RF for lost income on loans provided to farmers and processors at a preferential rate.

Additional funding will make it possible to fulfill the commitments made for 2026 to subsidize at least 500 concessional short-term and investment loans.

The mechanism applies to loans for agricultural producers, with the exception of agricultural credit consumer cooperatives, as well as organizations and individual entrepreneurs engaged in the production, processing and sale of agricultural products.

The Finance Ministry will make the necessary changes to the consolidated budget schedule after receiving from the Agriculture Ministry information on the required amount of funding.

The agriculture ministry has been instructed to monitor the targeted and efficient use of the funds and to report to the government by March 1, 2027.