Farmers can receive 25% compensation for agricultural machinery from Ukrainian manufacturers

Farmers can receive 25% compensation for agricultural machinery from Ukrainian manufacturers

Kyiv  •  UNN

April 24 2024, 10:32 AM  •  24922 views

Under the "Made in Ukraine" program, farmers will receive 25% compensation for the purchase of agricultural machinery from 44 Ukrainian manufacturers.

Under the "Made in Ukraine" program, farmers will receive 25% compensation for the purchase of agricultural machinery from 44 Ukrainian manufacturers.

This was reported by the Ministry of Economy, UNN writes.

Details

Farmers can receive 25% compensation for the cost of purchased agricultural machinery from 44 Ukrainian manufacturers. The updated list of machinery and equipment for the agricultural sector, which is partially financed by the state, includes 2,289 items from these manufacturers. The order approving this list was signed by the First Vice Prime Minister and Minister of Economy of Ukraine Yulia Svyrydenko.

Supporting domestic producers and their development, stimulating demand for Ukrainian products is the basis of our state policy. Through the agricultural machinery cost compensation program, we expect not only to give a boost to the development of Ukrainian machine-building enterprises, but also to help our farmers become more competitive in the market by reducing the cost of fixed assets. In addition, this program will help agricultural producers to upgrade their machinery fleet and become more productive. This year, we have budgeted UAH 1 billion for the program and expect that about 4,000 farmers will benefit from the state support

- Svyrydenko noted.

As of today, the updated list of Ukrainian machinery and equipment for the agricultural sector, which is partially financed from the budget, includes 2,289 items from 44 manufacturers of agricultural machinery and equipment.

The updated list of equipment for the agricultural sector, which receives partial funding from the state budget, includes a variety of machines and devices. Among them are tractors for agriculture and forestry, tillage equipment such as plows, harrows and cultivators, sowing systems, seed bins, grain handling and storage systems.

The list also includes machines for cleaning and sorting seeds and grains, fertilizers, plant protection sprayers, trailers for grain transportation, as well as equipment for livestock, horticulture, berry growing and grain drying.

Recall

Ukraine and Italy have agreed to cooperate in promoting Ukrainian brands in the world and support the entry of Ukrainian producers into international markets through the "Made in Ukraine" program. 

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