The government approved agrarian support programs for 2018

On February 7, the Cabinet of Ministers of Ukraine approved programs to support the agrarian sector in key areas within the State Budget for 2018. The total amount of support will amount to 6.3 billion UAH versus 5.5 billion UAH in the previous year.

"Today we are launching unprecedented state support for the agro-industrial complex. Priorities are the development of animal husbandry, the farmer and cooperative movement, the support of horticulture and the production of Ukrainian agricultural machinery, " stresses Prime Minister Volodymyr Hroisman.

The main efforts are focused on the eyes, which can provide a long-term economic effect.

In particular, it is stipulated:

compensation of 25% of the cost of acquiring new agricultural machinery and equipment of Ukrainian production.
compensation of the part of the body of the loan attracted for the construction of livestock complexes, forms an effective rate of 3%, reimbursement of the cost of livestock complexes built on the investor's money, and a reduction in the cost of loans to projects for aquaculture, sheep, goat breeding, etc.
cheaper content of dairy cattle at agroenterprises at the rate of 1500 UAH/head/year.
reduction in the content of young animals (up to 1 year), contained in households at a rate of 2.5 thousand UAH/head/year.
80% cheaper cost of planting stock in horticulture and berries.
small and medium-sized farms are provided with compensation for 100% of the cost of purchased Ukrainian seeds, 90% of the cost of advisory services. Also this category of agricultural producers will get access to cheap credit resources, and also enjoys additional preferences when buying Ukrainian agricultural machinery - they are compensated by 40% of its cost.
within the framework of support and development of agricultural serving cooperatives, the state will co-finance projects implemented by the ASC in livestock, horticulture, construction of vegetable and fruit stores, taking 70% of the cost of purchasing new equipment for them.

"Our task is to stop negative trends in the now stagnant industries and lay an effective foundation for the growth of the entire agro-industrial complex." The resource is directed to support livestock production, in particular, the effect will be beyond this area, as restoring farms and increasing the number of livestock will keep prices in the domestic market and create new jobs in the countryside," says First Deputy Minister of Agrarian Policy and Food Maksym Martyniuk.

He stressed that because of implementation of state support programs, the Government seeks to approve the status of the farmer as the main player in the Ukrainian agribusiness and to increase the share that is now generated by farmers in agricultural GDP from the current 6% to at least 10%.