Photo from UNIAN
Ukrainian Prime Minister Volodymyr Groysman says that the Cabinet of Ministers plans in September to submit to the parliament a draft budget for 2018, providing at least UAH 1 billion, or US$38.6 million, in targeted support for farmers.
"We will table a new draft budget for 2018 in September. The government will propose that the parliament approve at least UAH 1 billion in budget funds for targeted support under programs for the development of farming," Groysman said at a forum on decentralization in the city of Ternopil on July 20.
In his words, the development of farming can become the basis for accelerating the country's economic growth, among other things, by raising the level of processing of raw materials and producing value-added commodities.
Read alsoCabinet plans to develop targeted support program for farmers by AugustAs UNIAN reported, Groysman earlier announced that the government intended to draft by August 1 a program for the support of Ukrainian farming that would allow small farms to become the backbone of the country's agricultural sector.
As part of the land reform, the government is considering the possibility for Ukrainian citizens to purchase up to 200 hectares of land per capita, while for family agri-businesses– up to 1,000 hectares per each.
The memorandum with the International Monetary Fund assumes the launch of the agricultural land market in Ukraine in 2018.