• Українською
  • State Support 2020: Agrarians received compensation about UAH 716 million for purchased machinery and equipment
    Ministry of Economic Development, Trade and Agriculture of Ukraine, posted 06 August 2020 19:21

    As of July 31, 2020, the total amount of payments under the budget program "Financial support for agricultural producers" makes up UAH 716 million. Of these, the sum worth UAH 47.4 million was sent to agricultural producers who purchased machinery and equipment of domestic production in June 2020.

    The sum worth UAH 104.5 million was previously allocated to agricultural producers for the purchase of machinery in December 2019 and January-May 2020. The funds were transferred to 1,017 farmers, who purchased 1,684 units of agricultural machinery and equipment during the mentioned period. The sum worth UAH 565.9 million had been directed to repay debts to farmers in October-November 2019.

    In total, in 2020, there will receive funds 1,481 farmers, who during this period purchased 2,295 units of agricultural machinery and equipment to the tune of UAH 2.8 billion.

    For 2020, under the budget program "Financial support for agricultural producers" in the direction of "Partial compensation for the cost of agricultural machinery and equipment of domestic production" there is envisaged UAH 1 billion.

    The Government's state support program also has a positive impact on the recovery of Ukrainian industry. Every year the Ministry of Economic Development, Trade and Agriculture forms a list of domestic agricultural machinery and equipment, the cost of which is reimbursed from the state budget. Throughout 2 years the nomenclature of domestic machinery and equipment has been expanded 6.3 times. The number of agricultural machinery manufacturers with the appropriate level of localization has increased 4.5 times. This in turn contributed to the creation of at least 5,000 jobs.