Farmers Affected by Natural Disasters to Get BGN 4.4M

Business | September 2, 2014, Tuesday // 15:22
Bulgaria: Farmers Affected by Natural Disasters to Get BGN 4.4M File photo.

Bulgarian farmers whose agricultural land was completely destroyed by the natural disasters last year, will be compensated with a total of BGN 4.4M, the State Fund Agriculture informed.

Compensation under the scheme will be allocated to farmers who have a protocol for completely devastated agricultural land due to a natural disaster or adverse weather conditions. Those, who have not insured their land, will receive 50% of the due subsidies. The exception is for damages caused by drought, which will be paid without reduction, expert.bg informs.

A total of 335 farmers have applied under this scheme. Compensations are already being allocated to those affected. All subsidies will be paid no later than September 15, 2014.

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Tags: agricultural land, natural disasters, State Fund Agriculture, compensations

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