LPR agribusinesses to get 1.5 bln rbls worth of loans

Preferential loans worth 1.5 billion rubles will be provided to the Lugansk People’s Republic agricultural sector starting January 2024, LPR Agriculture and Food Minister Yevgeny Sorokin said at a Government House press briefing.

“Easy term loans worth 1.5 billion rubles have been approved for 2024 by the banks accredited by the Russian Agriculture Ministry starting next year,” Sorokin said.

*** Russian President Vladimir Putin said that the authorities would increase the effectiveness of incentives for the agricultural sector. The Russian government has earmarked 55 billion rubles to support farmers *i

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