Ukrainian farmers who bought domestic agricultural machinery in November will receive UAH 231.5 million in partial compensation (25% of the cost) from the state, the Ministry of Economy reports on its website.
“In November, 792 agricultural producers applied for partial compensation, having purchased more than 1.3 thousand units of machinery and equipment made in Ukraine for UAH 1.1 billion. Under the terms of the program, the state will refund UAH 231.5 million to them. Since the start of the program, farmers have purchased machinery and equipment worth over UAH 4.2 billion. The total amount of compensation from the state for this period amounted to over UAH 876.7 million,” said First Vice Prime Minister and Minister of Economy Yulia Svyrydenko.
The agency noted that most of the compensation in November was transferred through Oschadbank (UAH 62.7 million), PrivatBank (UAH 58 million) and Raiffeisen Bank (UAH 25.2 million). In total, funds were transferred through 24 banks out of 33 financial institutions participating in the program.
In terms of the number of machines purchased since the start of the program in April 2024, the leaders are farmers in Poltava (532 units), Cherkasy (458 units) and Kirovohrad (417 units) regions. In terms of the cost of machinery, Ternopil (UAH 388.9 million), Kyiv (UAH 388.6 million) and Sumy (UAH 373.5 million) regions are the leaders. Agrarians in these regions are also leaders in terms of compensation received: Ternopil – UAH 81 million, Kyiv – UAH 80.9 million, Sumy – UAH 77.8 million.
