Business news from Ukraine

Business news from Ukraine

Ukraine’s state budget for 2025 envisages more than 5 bln hryvnias for agrarian sector

16 September , 2024  

The state budget for 2025 envisages more than 5 billion UAH for the agricultural sector, Minister of Agrarian Policy and Food Vitaliy Koval said in Telegram. According to the report, 4.726 billion will be allocated for payments per hectare and for the maintenance of cows, sheep and goats.

In addition, UAH 200 million are planned for the restoration and construction of land reclamation systems, UAH 5 million for compensation of ERUs to family farms and UAH 80 million for the provision of favorable interest-free loans to farms.

The state budget envisages 1.37 billion UAH for grants, including for orchards and greenhouses, and 1 billion UAH for demining of agricultural land, the minister explained.

,