Penza, 9 August 2013. PenzaNews. A subsidy of 197,969,004 rubles will be provided to the Penza region in 2013 to co-finance expenditure commitments of the region associated with reimbursement of interest on short-term loans for the development of crops and livestock, as well as processing and marketing of these products.

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The distribution of subsidies in the total amount of 19,199,000,542 rubles was approved by the decree of the government of the Russian Federation, signed by Prime Minister Dmitry Medvedev.

“The size of allocated funds has been determined together with additional funds allocated in 2013 for reimbursement of the interest rate on short-term loans for the development of crop production, processing and marketing of the products in the amount of 12 million rubles, as well as the rest of undistributed funds of this type of subsidies for the development of crops — 948,2 million rubles, and livestock — 539,2 million rubles,” the press service of the government of the Russian Federation told news agency “PenzaNews.”