On Tuesday, July 28, during a working trip to Poltava region, Prime Minister Denys Shmyhal got acquainted with the activities of a private agricultural company - the "Urozhay" agricultural enterprise.
In addition to the Head of Government, Deputy Prime Minister, Minister for Strategic Industries Oleh Uruskyy, Minister of Economic Development, Trade and Agriculture Ihor Petrashko, Minister of Infrastructure Vladyslav Kryklii, Head of Poltava Regional State Administration Oleh Siniegubov were participating in the visit.
The Prime Minister noted the company focuses on growing Ukrainian selection products and said that it has good prospects: "Products of Ukrainian producers are very high quality, and this area should be further promoted."
According to the Prime Minister, during the budget process the state managed to preserve UAH 4 billion to support farmers. And this year the Government has a number of priorities.
"The first is cheaper loans for agricultural complex. Secondly, compensation of cost for agricultural machinery of domestic production. This is a rather successful program, under which UAH 670 million has already been transferred. Plus support of processing", Denys Shmyhal told.
According to the Prime Minister, processing should be the basis of the future agricultural sector in Ukraine. This year, the sum worth UAH 1 billion is envisaged for the state support of agricultural processing.
"The emphasis should be placed on this, because it is investment into added value, which means an increase in profits for farmers and revenues of the state. In the coming years, I hope the relevant funding will be increased," said Denys Shmyhal.
The Prime Minister also noted that the Government will work on programs to support small and medium-sized Ukrainian farms.
"The Ministry of Economy has already been tasked with reviewing state support programs for 2021 and developing a mechanism for insuring farmers, thereby allowing to provide certain guarantees and confidence. Decisions are currently being worked out so that next year we have an effective mechanism to protect the industry," said the Prime Minister.