Ukraine’s prosecutor general seen as possible successor to President Poroshenko — MPWorld October 25, 0:23
51 ceasefire violations reported in Syria in past day — Russian reconciliation centerWorld October 24, 23:32
Two Ukrainian cities support initiative for broader status of Russian languageWorld October 24, 23:31
Russian Baltic Fleet’s training ship Smolny ends its visit to GreeceMilitary & Defense October 24, 21:23
Diplomat: US needs alleged attack on Russian ministry website to hype up cyberwar topicRussian Politics & Diplomacy October 24, 21:03
IOC confirms talks between Thomas Bach and Russia’s whistleblowing couple StepanovsSport October 24, 20:34
Scottish rockers Nazareth will record album with new vocalist in 2017Society & Culture October 24, 20:23
Lavrov, Kerry agree to continue consultations on Aleppo — ministryRussian Politics & Diplomacy October 24, 20:11
Russian diplomat does not rule out Ukraine may provoke another gas crisis with EURussian Politics & Diplomacy October 24, 19:50
MOSCOW, December 16. /TASS/. Central Bank’s sudden key rate hike on Tuesday may prompt the government to abandon a preferential lending program for farmers, Russian Agriculture Minister Nikolay Fyodorov said Tuesday.
“This is an unpredictable event,” he told reporters, speaking of Central Bank’s decision to raise the rate to 17% from 10.5%.
“If there is such a key rate, of course lending below the key rate must be done with a special decision of the government, which is unlikely to be taken now. In such a case, I must take a real situation into consideration as an official and a politician.”
Fyodorov said he was not aware of Central Bank’s plans to raise the rate late Monday.
Preferential lending includes compensation of interest paid on loans to farmers up to the key rate or partially. Loans to the sector amount to around $34.3 billion, overdue debts stand at $2.7 billion, the minister said.