Business news from Ukraine

FARMERS RECEIVE ALMOST UAH 473.5 MLN OF SUBSIDIES FROM STATE IN APRIL – MINISTRY

22 June , 2017  

KYIV. June 22 (Interfax-Ukraine) – Ukraine’s State Treasury Service has sent UAH 473.47 million of budget subsidies to farmers for April.
According to a Tuesday posting on the website of Ukraine’s Agricultural Policy and Food Ministry, a total of 668 farmers received subsidies for April. The budget subsidies in the amount of UAH 251.8 million will be transferred to the next month.
“The sum of subsidies farmers received this month doubled. In total, UAH 795 million has been sent to farmers. All funds are sent automatically. Farmers that did not use the assistance of the state could submit relevant document any time and receive assistance,” First Deputy Agricultural Policy and Food Minister Maksym Martyniuk said.
As reported, the ministry sent UAH 241.8 million of budget subsidies to farmers for March and UAH 79.8 million for February.
The government allocates UAH 4 billion for the subsidy system in agriculture in 2017.