• Українською
  • Government extends loans for farmers from frontline and temporarily occupied territories
    Ministry of Agrarian Policy and Food of Ukraine, posted 01 May 2024 18:55

    The Government has decided to extend state portfolio guarantees for lending to farmers who have lost potential collateral due to hostilities. The relevant Resolution No. 477 prepared by the Ministry of Agrarian Policy and Food of Ukraine, was adopted by the Cabinet of Ministers at its regular meeting.

    According to the document, farms that received loans before 2022 and are located in the temporarily occupied territories or where active hostilities are taking place may postpone their repayment until 31 December 2025.

    Applications from farmers for loan extensions will be accepted through the State Agrarian Register.

    “This is a very important decision for farmers, which will allow them to extend loans taken out until 24 February 2022. This will stimulate the development and recovery of the agricultural sector,” said Taras Vysotskyi, First Deputy Minister of Agrarian Policy and Food.

    The start of the application process will be announced on the website of the Ministry of Agrarian Policy and Food.