Only farms up to 500 hectares can be financially supported

Submitted by bashun on Thu, 02/15/2018 - 16:50

In accordance with the procedure for using the funds provided in the state budget to provide support for the development of farms, which was published by the publication, only up to 500 hectares will receive financial assistance from the state.

At the same time, the document provides for a number of restrictions for households wishing to receive state support:

  • the farm should have a net income (revenue) for the last year of 15000000 UAH;
  • the economy should not be bankrupt, the bankruptcy case on the household should not be initiated, or it is in the process of liquidation;
  • assistance is not provided to farms that have overdue more than six months of arrears to the state budget, the Pension Fund of Ukraine and the funds of compulsory state social insurance;
  • assistance will also not be received by households that have not carried out economic activities for three previous periods; farms, in which facts of illegal receipt and/or misuse of budget funds were revealed.

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