Thursday, December 19
How the state supports the agricultural sector in 2024: a list of programs.
Tuesday, March 26, 2024
This year, the government expanded the list of programs designed to support farmers who have been working in conditions of war for the third year in a row and, despite these difficulties, continue to support national and global food security. Here are the following support programs for agricultural producers:
- Available Credit 5-7-9 – agricultural producers can receive loans of up to ₴90M and processing enterprises up to ₴150M.
- Grants for developing gardens and greenhouses – up to ₴7M or ₴10M, respectively.
- Compensation for up to 50% of the cost for restoration and construction of reclamation systems (₴200M has been laid down in the state budget for this year).
- Compensation for the cost of domestic agricultural machinery – up to 25%.
- Small farms (up to 120 hectares) located in de-occupied territories and communities where hostilities took place will receive financial support in the amount of ₴8,000 per hectare.
- Also, according to the financial support program for Ukraine from the EU Ukraine Facility, €8B will be directed to support Ukrainian businesses, particularly in the agricultural sector.