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Development of agricultural output of Russia in 2015 US$ since 1961. Agriculture in Russia is an important part of the economy of the Russian Federation. The agricultural sector survived a severe transition decline in the early 1990s as it struggled to transform from a command economy to a market-oriented system. [1]
On January 21, 2020, Russian President Vladimir Putin signed a revised version of Food Security Doctrine for Russia. [9] According to the Russian Ministry of Agriculture, the emergence of new economic conditions such as economic sanctions, Russia's accession to the WTO and enhanced integration processes within the Eurasian Economic Union prompted the revision of the doctrine.
Since the collapse of the Soviet Union, there have been more frequent issues with hunger and food insecurity in Russia. [51] Both Russia and Ukraine were subject to a series of severe droughts from July 2010 to 2015. [52] The 2010 drought saw wheat production fall by 20% in Russia and subsequently resulted in a temporary ban on grain exports. [53]
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Russia continued to explore debt swap/exchange opportunities. On 1 January 2004, the Stabilization fund of the Russian Federation was established by the Government of Russia as a part of the federal budget to balance it if oil price falls. Now the Stabilization fund of the Russian Federation is being modernized. The Stabilization Fund was ...
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The state peasants were created by decrees of Peter I and applied to population who were involved in land cultivation and agriculture: various peasant classes, single homesteaders (Russian military people on the border area adjoining the wild steppe), non- serf Russian people of the Russian North, the non-Russian peoples of the Volga, and the Ural regions.