OREANDA-NEWS. October 06, 2011. Moldova’s Prime Minister said it at the meeting with the country’s farmers, noting that the fund will be increased during revision of the 2011-state budget.

Prime Minister also said the amount of the agricultural subsidies fund for 2012 would be fixed in the nearest time as well. It should be noted that the agricultural subsidies fund for 2011 was approved in the amount of 250 mln leis. It is planned to be increased since the allocated money is enough only for repaying subsidies arrears for 2009-2010, totaling 246 mln leis.

The subsidies are meant for fostering farmers’ crediting, risk insurance in agriculture, supporting making of perennial plantations, encouraging purchase of new agricultural machines and equipment, irrigational and anti-hail systems, boosting investments in development of processing infrastructure and others.