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  • Denys Shmyhal: 774 land deals were concluded in two weeks of operation of the land market
    Communications Department of the Secretariat of the CMU, posted 16 July 2021 12:13

    As of July 15, 774 agreements on land plots having been subject to a moratorium have been concluded in Ukraine. This was announced by Prime Minister Denys Shmyhal during the Question Time for the Government at the Verkhovna Rada.

    "For 15 days now, Ukrainians have been free to dispose of their property. This means that the constitutional right of citizens will no longer be violated," the Prime Minister stressed.

    According to the Prime Minister, that has provided a boost for the economy of Ukraine. And the mission of the Government in this issue is to make this development tool as effective as possible and the one protecting the interests of Ukrainians.

    "The day before yesterday, at a meeting of the Government, we approved an important project that will allow Ukrainian farmers to receive loans on a portfolio basis for the purchase of agricultural land. The Government has also introduced other measures to support small farms: payment of UAH 5,000 per hectare to newly established farms, UAH 5,000 per cow per year, the possibility to order consulting services up to UAH 36,000, which the state reimburses; reimbursement of 90% of the single social contribution for small family farms," stressed Denys Shmyhal.

    The Prime Minister highlighted that the relevant development incentives would help create new jobs in the countryside and increase revenues to local budgets.

    Denys Shmyhal: 774 land deals were concluded in two weeks of operation of the land market