Agrarians should receive 11.6 million UAH compensation for purchased agricultural machinery

As of October 2, 74 agricultural enterprises were allocated 11.58 million UAH under the program of partial compensation for purchased agricultural machinery of Ukrainian production in the framework of budget support of agricultural producers.

This is reported by the press service of the Ministry of Agrarian Policy and Food of Ukraine.

As of September 29, 68 enterprises applied for partial compensation amounting to UAH 10.86 million, which have already been sent to banks for transfer to agrarians.

It is also reported that in August, state-owned banks were submitted applications and documents by 6 agricultural enterprises for the amount of 727.43 thousand UAH, which was transfered in full.

In the State Budget 2017, 550 million UAH are provided under the program "Financial support of agricultural producers" for "Partial compensation of the cost of agricultural machinery and equipment of domestic production".

It was earlier reported, that the Ministry of Economic Development and Trade of Ukraine approved the list of equipment of Ukrainian manufacturers, for the purchase of which compensation is provided for 20% of the cost. The list of equipment includes products of 40 Ukrainian manufacturers. Among them are the Kharkov Tractor Plant, Yuzhmash, the Khorolsky Mechanical Plant, the Fregat Plant, the Lozovsky Forging and Mechanical Plant, the Karlovsky Machine-Building Plant, the Kherson Machine-Building Plant, the Berdyansk Harvesters, Elvorty and others.