7 Feb 2024 16:39

Ukraine resumes several state programs to support farmers

MOSCOW. Feb 7 (Interfax) - Ukraine has resumed a number of state support programs for farmers, in particular, for keeping cattle, goats and sheep, non-refundable assistance for micro and small farms, Affordable Loans 5-7-9 preferential lending, development of land reclamation, and grants for developing orchards and greenhouses, Ukrainian media reported, citing First Deputy Minister of Agrarian Policy and Food Taras Vysotsky as saying at a roundtable in Kiev.

The budget subsidies are envisioned for farmers keeping cows, goats and sheep, he said. For farmers who have from three to 100 cows, UAH 7,000 per head is provided, and for those raising up to 500 goats and sheep UAH 2,000 per individual is granted.

"Land reclamation reform will continue. This year's state budget allocates UAH 200 million to compensate agricultural entrepreneurs for the purchase of irrigation equipment. These are sprinkling machines, laying pipes, water supply, laying drip irrigation," Vysotsky said.

He also drew attention to the fact that the fund for partial guarantees of loans in agriculture was launched in 2024. Entrepreneurs cultivating up to 500 hectares have an opportunity to get a guarantee for a loan.

In addition, Affordable Loans 5-7-9 and grants for the development of orchards and greenhouses are the main programs to support small and medium-sized businesses that will be pursued, he said. He noted that the maximum amount of the grant for greenhouses is UAH 7 million, for gardens UAH 10 million.