Government to examine problem of overdue agricultural subsidies in next meeting

The executive, in its next meeting, will examine the problem of the distribution of the agriculture subsidization fund for last year so that the farmers get the overdue subsidies in the nearest future. Such a promise was made by Prime Minister Chiril Gaburici in a meeting with representatives of farmers associations, IPN reports.

According to the Government’s press service, the farmers proposed amending the legislation so that the entrepreneurs’ cooperatives created by agricultural producers could import oil products directly from refineries. They also asked facilitating access to preferential bank loans and collecting the excise duties put on the fuel used by agricultural machinery into the agriculture subsidization fund, not into the road fund. The agricultural producers contribute about 300 million lei a year to the budget through such excises.

Among other subjects discussed were the modification of the regulations concerning the distribution of subsidies so as to make the process transparent and equitable, introduction of the 0% tax rate on the profit of agricultural companies for a period of five years, diversification of the export markets, and creation of producers groups for facilitating small producers’ access to markets. The farmers noted that the tax of 10% imposed on the Moldovan products exported to Ukraine is a major problem.

The Premier reiterated that the Government hopes to have an open dialogue with the agricultural producers and is ready to examine all their recommendations and proposals.

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