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MORDOVIA WILL GET 490 MILLON RUBLES FOR AGRICULTURAL DEVELOPMENT

The Russian government has distributed 41.57 billion rubles between 75 regions of the country for agricultural development. This money will cover a part of the interest cost on investment loans in agro-industry.

By the Government orders, Mordovia will get a nice amount of money. The region was given 490 million rubles. The effectiveness of the intergovernmental fiscal transfers will be evaluated by Russian Ministry of Agriculture based on the level of achievement of performance indicators.