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Russia to allocate 5 bln roubles to buy chemicals for agrarian sector – Putin

March 28, 2012, 19:59 UTC+3
A total of five billion roubles will be allocated in 2012 to buy chemicals for the Russian agrarian sector
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VORONEZH, March 28 (Itar-Tass) —— A total of five billion roubles will be allocated in 2012 to buy chemicals for the Russian agrarian sector, Russian Prime Minister Vladimir Putin said on Wednesday at a meeting dedicated to the preparations for the spring sowing campaign.

Thanks to state support, the country’s production of high-quality seed and planting stock is going up. “The state will continue to compensate some expenses to purchase chemicals,” the prime minister promised. “This year, however, the level of support will be slightly lower – we will allocate five billion roubles, which is still a rather big figure.”

The price on mineral fertilizers is a very important aspect, the prime minister noted and ordered to monitor the price situation in this sector. “The price rise must to go beyond the corridor of from 6.9 to 11.5 percent to the prices fixed at second half of 2011,” he stressed.

 

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