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Budget financing of the agriculture development will be raised by 4.4 billion rubles ($113.3 million) from 165.7 billion rubles ($4.2 billion), while financing of the fish sector development will be increased by 3.1 billion rubles ($79.8 million) from 10.3 billion rubles ($265.2 million).
In August, Prime Minister Dmitry Medvedev ordered the government to adjust the state agriculture development program to support domestic production of goods, whose imports have been banned, and implementation of an import substitution plan.
On August 7, Russia banned imports of beef, pork, poultry, fish, cheese, dairy products, fruit and vegetables from Australia, Canada, Norway, the US and the EU for one year to retaliate Western sanctions.