Ukrainian deputies decided to support cows – pigs and poultry are doing well
Ukrainian deputies decided to support cows – pigs and poultry are doing well
The deputies decided to support agricultural producers, but in a new way. After he Constitutional Court of Ukraine put a veto on the law to support agrisector, the Verkhovna Rada of Ukraine adapted a new one. Now beef and milk producers will get subsidies through a special budget fund but not from processing companies as it used to be before. The experts don’t approve the new system: they doubt if the producers will get this money.
Beef and milk producers are said to receive fixed subsidies per cow. A special budget fund will be created for the processing companies to transfer their VAT there. The subsidies from the fund will be paid directly to agricultural producers. According to the previous system milk processing companies assigned 20% from delivered raw milk directly to farmers. Analysts are very pessimistic if a new system will work better than the old one.
Additionally, the new law includes subsidies for cows only – that is for dairy and beef cattle. It means that pig and poultry producers won’t receive any subsidies, they are said to develop intensively without any support.
At the moment, the mechanism to transfer subsidy funds has not been approved yet and agriproducers have to wait.