The Government approved the regulations concerning the conditions, order and procedure for offering money from the National Agriculture and Rural Development Fund that totals 900million lei in 2017. Of this sum, 231 million lei comes from the ENPARD Moldova Program – Support for Agriculture and Rural Development, IPN reports.
The regulations are valid for five years (2017-2021) and envision the implementation of a new system for monitoring the reasonability of investment costs, allocation of increased subsidies to young people and women who work as farmers and purchase of goods from national producers. The subsidies will not exceed 50% of the investment costs.
The applications for subsidies will be examined by the Agency for Intervention and Payments in Agriculture. Within five days of the approval of the decision to provide subsidies, the Agency will issue payment orders to the State Treasury. The payments will be made according to the order in which these will come to the Treasury.
