Higher payments for farmers and funding for new activities. The Regulation on the Allocation of Funds from the Agricultural Producers’ Subsidy Fund for 2016 was approved at today’s Government meeting.
The total funding volume is 900 million lei, including 387 million lei from the „ENPARD Moldova – Support for Agriculture and Rural Development” project.
According to the document, support will be provided to entrepreneurs who promote and develop organic farming, as well as those who provide consulting and training services for agricultural producers. In addition, young farmers will receive an extra 15% on top of their calculated subsidy amount.
The regulation approved by the Executive also defines five main measures to support farmers: investments in farm restructuring and adaptation to EU standards; investments in the processing and marketing of agricultural products; preparation for implementing environmental measures in agriculture; improvement and development of agricultural infrastructure; and consulting and training services.
Farmers will also be supported in establishing new orchards, vineyards, and oilseed crop plantations. At the same time, entrepreneurs installing frost-protection equipment will receive subsidies of about 50,000 lei per hectare, while those installing hail-protection equipment can receive up to 100,000 lei per hectare.
Subsidy directions were identified based on state policy priorities, as well as to boost the competitiveness of the agri-food sector, ensure sustainable management of natural resources, and develop agricultural enterprise infrastructure.
The project is set to be voted on by Parliament.
