On November 26, the Cabinet of Ministers of Ukraine adopted a decision to strengthen support for the livestock industry in frontline territories. The corresponding resolution “On Amendments to the Procedure for Using Funds Provided in the State Budget for State Support for the Development of Livestock Farming and Agricultural Product Processing” was adopted at a regular meeting. The goal is to strengthen state support for agricultural producers in frontline territories and to develop the processing of agricultural products and livestock farming.
The changes provide for an increase in the partial reimbursement of the cost of building livestock farms for keeping cattle in frontline territories from 25% to 50% of the cost.
“Increasing the reimbursement to 50% is significant financial support for businesses that continue to invest in the restoration of livestock farming. This decision will not only reduce the cost of building new facilities, but will also contribute to the growth of milk production and value-added products. As a result, communities in frontline regions will gain new jobs, more stable incomes, and more opportunities for development even in the difficult conditions of war,” emphasized Taras Vysotsky, Deputy Minister of Economy, Environment, and Agriculture of Ukraine.
The government’s decision is an important step in supporting agricultural producers who are building or renovating livestock farms and processing facilities. The increased reimbursement rate will stimulate investment in livestock farming and accelerate the recovery of production in regions operating near the combat zone.
The document was prepared by the Ministry of Economy, Environment and Agriculture of Ukraine.
