The Russian government plans to provide subsidies to Rosagroleasing in the amount of RUR 1.1 billion ($ 16.99 million) in 2020, according to the draft federal budget for 2020 and for the planning period 2021 and 2022 posted on the regulation.gov.ru portal. In 2021, it is planned to double subsidies, in 2022 to increase to RUR 2.6 billion ($ 40.16 million), according to AgroBaza.
Since 2020, the government plans to introduce a mechanism for subsidizing part of the costs of Russian leasing companies associated with their transfer of equipment to leasing on favorable terms. The decision was made in early March at a meeting with Deputy Prime Ministers Dmitry Kozak and Alexey Gordeyev. This is the agreed position of the Ministry of Agriculture, the Ministry of Finance, the Ministry of Industry and Trade, the Ministry of Economic Development and the Federal Antimonopoly Service. Now subsidies receive agricultural machinery manufacturers.
