Agrarians do not really want to take subsidies for equipment

Submitted by bashun on Thu, 10/04/2018 - 12:08

The state partially compensates to farmers the costs of agricultural equipment and equipment of domestic production, which they acquired in 2017, but for reasons beyond their control, did not receive the promised payments, the State Fiscal Service of Ukraine reported according to agroday.com.ua.

These changes are fixed by a special resolution of the Cabinet. Earlier, the authorities provided for compensation of 25% of the costs of agricultural producers for the purchase of equipment, if it is included in the list of Ministry of Economic Development. It includes about 2 thousand names of 60 Ukrainian manufacturers.

Equipment can be bought only with the help of the state banks “Oschadbank”, “Ukreximbank”, “Ukrgasbank” and “PrivatBank”.

A company helping agrarians to acquire equipment was not very effective, experts say. This is indicated by the figures: from 945 million UAH, which the government provided for compensation, only 159.2 million UAH had been spent by the end of the summer.

The reasons: low demand for domestic equipment and the complexity of the procedure for obtaining funds. In late September, the government announced its intention to simplify its procedure.

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