The government can increase the amount of state support of the agricultural sector in 2019 to 12.4 billion UAH, transferring unpaid budget funds to a special fund. Experts of the agro-industrial complex made such an initiative during a round table on the topic “Budget cake-2019: opportunities and challenges,” agropolit.com reported.
The Cabinet of Ministers of Ukraine, within the framework of fulfilling the tasks of development of the agrarian sector, is improving the programs for supporting the agricultural sector and expanding the possibilities of agro-enterprises, primarily with regard to the access of agrarians to available financial resources.
The adopted amendments to the Tax Code provide for a change in the principle of calculating the amount of subsidies for agricultural producers for the period up to 2022.
In November, agrarians received a budget subsidy in the amount of 635 million UAH, which is 157.4 million more than in the previous month. In general, the amount of payments received in 2017 amounted to 3,427.6 million UAH, which is 85% of the 4 billion UAH envisaged under this program this year.
The distribution of the budget subsidy within the program 2801580 "Financial support to agricultural producers" in the direction "Budgetary subsidy to stimulate the production of agricultural products", which provides for the use of the mechanism of quasi-accumulation of VAT, according to the results of six payments, is significantly uneven.