UAH 1.1 billion of financial state support received by agricultural producers
In total, UAH 4.5 billion was allocated for state support of agricultural producers this year, and as of July 20, 24.7% or UAH 1.1 billion was paid. The Minister of Agrarian Policy and Food of Ukraine Roman Leshchenko told about this in an interview with the "Censor.net" edition.
The minister noted that now payments were made only for two programs of state support. Under the program "Partial compensation for the cost of agricultural machinery and equipment of domestic production", UAH 546.78 million was paid, or 54.7% of the total amount. Under the program of financial support for activities in the agro-industrial complex by reducing the cost of loans - UAH 564.7 million, or 47.1% of the allocated volume.
Roman Leshchenko also added that the grants allocated by the European Commission in the amount of € 50 million to support Ukrainian farmers can be received by farmers who own land up to 500 hectares. The money will be given from the Fund for Guaranteeing Loans in Agriculture. A draft law on the creation of such a fund is currently under consideration in the Verkhovna Rada.
“Before these funds are received by the agrarians, it is necessary to develop the correct mortgage system and develop a monitoring mechanism for land concentration,” Roman Leshchenko said.
Farmers can now continue to apply for government support programs and use bank loans. On July 14, the Cabinet of Ministers approved a draft resolution, which allowed small farmers to provide loans under state guarantees for the purchase of agricultural land. According to the minister, more than a dozen banks issue such loans: Ukrgasbank, Oschadbank, Yuzhny, Trust-Capital, Oxy Bank, International Investment Bank, Crystalbank, KOMINVESTBANK, Credit Agricole, Bank 3/4, Lviv, Alpari Bank, Asvio Bank.
We will remind, earlier the Verkhovna Rada adopted a law on linking real estate to land