Russian agriculture damage reaches 33 billion rubles

08:49, August 24, 2010      

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The damage to Russia's agriculture sector has been estimated at 33 billion rubles (more than 1 billion U.S. dollars), following the ongoing drought and forest fires, said an official Monday.

"The government is compensating losses caused by drought, a special working group has been created, and losses are around 32.7 billion rubles (1.07 billion dollars)," said State Secretary and Deputy Agriculture Minister Alexander Petrikov in St. Petersburg.

Assessment on damage has been done at 16,000 businesses, said Petrikov as quoted by the Interfax news agency.

The abnormal hot temperatures killed more than 11 million hectares of crops, which is 26 percent of the total area planted.

Russia banned grain exports starting Aug. 15 to counter the aftermath of the most severe drought in 130 years.

The heat and drought engulfed Central Russia in mid-June with temperatures increase to 40 degrees Celsius.

Source: Xinhua

(Editor:张茜)

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