Ministry of Agrarian Policy and Food of Ukraine

Ukrstatefund will increase the size of the interest-free accommodation for farmer to UAH 500 thousand

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The size of the interest-free accommodation, which the farmer can receive in the Ukrainian State Farmers Support Fund will increase from UAH 250 to 500 thousand next year. The  filling of Ukrstatefund should be increased in 10-15 times compared to what it is now. This was declared during a pannel discussion on the support and financing of small and medium farmers in the International Forum Agroport West Lviv 2016 by general director of Ukrstatefund – Ivan Slobodianyk.

According to him, the increase of accommodation for farmers was initiated by the Minister of agrarian policy and food of Ukraine – Taras Kutovyi within the framework of strategy  "3 + 5". Also, at the request of the Minister, the priority in lending will be given to farmers with a land bank of 500 hectares.
"Today the amount of UAH 250 thousand is not interesting for farmers. When the
rate of USD was 8UAH per dollar it was a tractor "Belarus" . Now you can buy maximum a drill "- said Ivan Slobodianyk.
    Also Ivan Slobodianyk  presented the concept of reformation of Ukrstatefund. According to him, the
decree governing the Fund’s activities will be change that will authorize to work on the European model.

http://agronews.ua/node/66139