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Russia increases agriculture budget for 2009qrcode

Dec. 17, 2008

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Dec. 17, 2008
The government of Russia has increased its 2009 federal budget by US $1.9 billion over the previously planned level for the Ministry of Agriculture for a total of $5.3 billion, reports US Department of Agriculture’s Foreign Agriculture Service. Almost 68% will go for direct and interest rate support subsidies to agricultural producers.

The government also increased money for agricultural education, professional training, and applied research by $168 million to $639 million.
Source: FCI

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