Russia Keeps Ag Machinery Subsidy at 10B Rubles in 2027, Raises to 12B in 2028-29

Russia's program 1432, subsidizing 10-50% discounts on domestic agricultural machinery, will retain its 10 billion ruble annual funding in 2027, with planned increases to 12 billion rubles in 2028-2029. This signals continued state support for domestic equipment producers amid import substitution efforts, though the modest increase suggests fiscal constraints.