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Romanian Finance Ministry Allots RON1.8B For Farmer Subsidy Advance
The Romanian Ministry of Finance approved Tuesday the allotting of 1.8 billion lei (EUR1=RON4.2619) to the Ministry of Agriculture, to finance the 70% advance meant for farmers within the support scheme offering single payments on surface in 2009, said interim Agriculture Minister Radu Berceanu.
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Romanian Finance Ministry Allots RON1.8B For Farmer Subsidy Advance
"The Ministry of Finance approved Tuesday the allotting of RON1.8 billion (…) for the 70% advance from the sums approved for farmers within the support scheme granting single payments on surface in agriculture year 2009," Berceanu said in a press conference.
He added the Ministry of Agriculture will subsidize the diesel fuel needed for autumn sowing, in amount of RON1 per liter, with a RON120.9 million ceiling. The funds will subsidize the diesel fuel needed for the creation of some 3.1 million hectares of crops.
The ministry added that starting with October 16 farmers will receive a grant worth 30% of the farming loans contracted for fall crops this year.
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