An agricultural sector is an engine of the development of the Ukrainian economy, and the issue concerning the support of the industry must not go unheeded. This was announced by Prime Minister of Ukraine Volodymyr Groysman during the festivities on the occasion of Day of Agricultural Workers.
The Head of Government noted that today about 3 million people work in the agrarian sector of Ukraine, and agribusinesses provide up to 40% of all currency proceeds of the state.
"What ought to be done? There should be targeted support for farmers. For these purposes, we allocate a sum worth 7.3 billion UAH", noted the Prime Minister.
He emphasized the key areas of funding include support for the farmers' movement (UAH 1 billion), as well as targeted support for livestock breeding. "In 2018, our producers will have access to free loans for livestock sector. These are additional funds that will be directed for the construction of both new farms and dairy farms. We will do it in 2018," the Head of Government stressed.
Particular attention was paid to the assistance for agricultural engineering and the continuation of this year's program of compensation for part of the cost of domestic technology. The Prime Minister noted that 500 enterprises had become participants of this program. "Next year, 1 billion hryvnias will be allocated to this program. New jobs will be created in agricultural machinery construction sector, and we will provide farmers with modern technology", he underlined.
The Prime Minister placed an emphasis on the fact that Ukraine has ample opportunity to supply high-quality products at moderate prices to domestic markets, to maintain its leading export positions, and gradually switch from economy basing on raw material to the one basing on the development of national value-added product. "We are steadfast in our support of this process," the Prime Minister underscored.