The government continues to expand state support programs for farmers

In the current year, the Government of Ukraine paid maximum attention to agricultural financing programs. For this reason, the list of state support programs has been expanded once again. As First Deputy Minister of Agrarian Policy and Food of Ukraine Taras Vysotskyi emphasized on this occasion, there will be 5 main programs this year.

This is, first of all, "5-7-9 Available Credits". Under this program, agricultural producers can receive a loan of up to UAH 90 million, and processing enterprises - up to UAH 150 million. In addition, entrepreneurs cultivating up to 500 hectares can receive a loan guarantee through the Fund for Partial Guarantee of Loans in Agriculture. Thanks to this, the manufacturer can reduce the loan collateral in half. In addition, grants have been prepared for the development of gardens and greenhouses. Their size is up to UAH 7 million or UAH 10 million, respectively. These funds will be paid within a month after the approval of each project. Another program will be a project to compensate up to 50% of the cost of restoration and construction of reclamation systems. UAH 200 million has been allocated for this in the State Budget. And applications for compensation of up to 25% of the cost of domestic agricultural machinery can be submitted as early as April.

In addition, financial support for Ukraine from the European Union Ukraine Facility will also be available. It is planned that 8 billion euros will be sent to support Ukrainian business, in particular, the agricultural sector.

As previously reported, the Cabinet of Ministers of Ukraine adopted a resolution on amendments to the Procedure for the use of funds provided for in the State Budget for providing support to farms and other producers of agricultural products. This Order was approved back in 2022. The new document expands the directions of state support for farmers registered in the State Agrarian Register. Payment amounts are also increasing. In particular, budget funds will be provided to farmers who cultivate up to 120 hectares of agricultural land. The amount of assistance has been increased from UAH 3.1 thousand to UAH 4 thousand per hectare. A separate budget subsidy was introduced for farmers from the de-occupied territories and those territories where hostilities have ended. They will receive UAH 8,000 per hectare. Also, a special budget subsidy is planned for the maintenance of cattle (cows) of all areas of productivity. So, farmers keeping from 3 to 100 cows will be able to receive UAH 7,000 per head. Moreover, a special budget subsidy has been introduced for the maintenance of breeding stock of goats and sheep — UAH 2,000 per head for those who keep from 5 to 500 of these domestic animals. As the Prime Minister of Ukraine, Denys Shmyhal, noted on this occasion, the government's priority is to support farmers in the de-occupied territories.