The government will increase support to agriculture in 2019
the Friday Cabinet meeting on 14 September the Prime Minister. Groisman presented the draft budget for next year and noted that the government is working on the economic development of the country and the new budget created for the further development of the country.
In the state budget of Ukraine for the year 2019 mortgaged the inflation rate of 7.4%, while GDP growth is expected to reach 3%.
To support the agricultural sector in 2019 allocated 6.9 billion UAH, which is 25% higher than the funding provided for 2018. Of this amount, 1 billion UAH will be spent on the development of farms, and another 1.38 billion UAH – for compensation of farmers 25% of the cost of purchased agricultural machinery, 4 billion – on the development and support of livestock, UAH 400 million – for the development of horticulture.