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November 21 2001, 16:55 UkrInform

In 2002 state financing of Ukrainian AIC will be increased by 31.84 percent

During extended sitting of Ukrainian Agrarian Confederation Vice-Prime-Minister Leonid Kozachenko reported that in 2002 state financing of Ukrainian AIC would be increased by 31.84 percent. Thus the project of State Budget, which was passed during the first reading, provides financing of AIC with 1 billion 588.7 million UAH (in State Budget 2001- 1 billion 205.1 million UAH).

According to Leonid Kozachenko the main financial directions remained in the project of State Budget 2002: financial support of agricultural enterprises by means of commercial bank credit reduction (150 million UAH), financial support of crop and livestock production (36.9 million UAH), financial support of farmer enterprises (20 million UAH), subsidy for purchasing of agricultural equipment and for social sphere.

In distinction from projects of the previous year this project planes to support agricultural enterprises by means of insurance payment decreasing (50 million UAH) and to increase financing of development of livestock and poultry breeding by 38 percent, in crops selection - by 0.66 percent, in fish breeding - by 19.2 percent.

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