Ukrainian farmers have already received loans for more than UAH 15 billion this year

In the current year, almost 6,000 agricultural farms received approximately UAH 38 billion in bank loans for development, of which 3,500 farms received UAH 15.6 billion under the state program "Affordable Credits 5-7-9".

As noted by the Ministry of Agrarian Policy and Food of Ukraine, the largest amount of loans under various programs were received by farmers in Kyiv region (11.8 billion UAH for 535 enterprises), in Kirovohrad region (2.4 billion UAH for 726 companies) and in Ternopil region (2. UAH 3 billion for 238 companies). At the same time, under the program "Affordable loans 5-7-9", enterprises of Kyiv region (UAH 1.9 billion for 311 enterprises), Kirovohrad region (UAH 1.6 billion for 465 companies) and Vinnytsia region (UAH 1.4 billion) received the most. .

We will remind you that earlier it was reported about the intentions of the Government of Ukraine in the current year to pay 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 by 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, the Cabinet of Ministers of Ukraine recently 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.