Bulgarian Breeders Will Receive BGN 82.5 Million in Support

Business » INDUSTRY | August 3, 2020, Monday // 18:52
Bulgaria: Bulgarian Breeders Will Receive BGN 82.5 Million in Support Council of Ministers

With a total of BGN 82.5 million, the state will support the Livestock sector. This became clear at a meeting between Prime Minister Boyko Borissov, Agriculture Minister Desislava Taneva and representatives of the sector. The funds will be allocated in two ways.

"We will support you with BGN 56.5 million. We have such a tool. We will provide them through the Council of Ministers, "Borissov was quoted as saying by the Council of Ministers' press service.

The government's assistance is to improve the liquidity of farms that have postponed their loans and are unable to repay them in the context of the COVID 19 pandemic. Notification will be requested from the EC for this money.

Another BGN 26 million has been provided for de minimis aid for livestock farmers who suffer losses due to the drought.

Borissov stressed that support is also being considered for beekeepers, vegetable growers and fruit growers.

"The drought is all over Europe. You see there the harvest has never been so small. That is why I am surprised by those who, instead of so insistently seeking national consent on how to overcome the winter, are talking, ”Borissov said.

During the meeting, the breeders expressed satisfaction with the rapid disbursement of funds from the Agriculture Fund, despite the difficulties caused by the crisis with COVID-19. Prime Minister Borissov noted that the government will continue to work in support of all industries in the sector.

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Tags: Council of Ministers, Bulgaria, breeders
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