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6.5m lei to be allocated to Moldovan agricultural producers


https://www.ipn.md/en/65m-lei-to-be-allocated-to-moldovan-agricultural-producers-7966_1036768.html

Twenty Moldovan agricultural producers will get a total of 6.5 million lei in refund for the investments made to purchase No-Till sowers, irrigation and other types of equipment. These were selected as a result of the sixth call for grants of the Sustainable Land Management post-investment program, IPN reports.

According to a press release of the Moldova Agricultural Competitiveness Project (MAC-P), eight agricultural producers from northern Moldova and by six from the southern and central districts will get back 50% of the investments made in implementing conservation agriculture and sustainable land management.

A number of 165 agricultural producers of the 213 that submitted applications received financial assistance totaling 38 million lei or US$1.9 million through the six calls held within the post-investment grants program during the past three years. A grant was of 232,800 lei on average.

The Sustainable Land Management post-investment grants program was launched in 2014 and is a component part of the MAC-P in Moldova, which is financed by the World Bank, the Government of Sweden, the Global Environment Facility and the Government of the Republic of Moldova.