OREANDA-NEWS. October 07, 2013. Domestic producers of agricultural products have attracted UAH 3.1 billion of loans and UAH 29.1 billion of its own funds for the autumn field work in 2013.

Involvement of credits and effective use of funding of state support programs are key priorities of the Ministry of Agrarian Policy and Food for the 2013-2014 marketing year. This was started by the First Vice Prime Minister of Ukraine Serhiy Arbuzov.

"Ukrainian farmers thanks government support became for the last 3 years reliable partners of credit and banking institutions. The task of the Government is to maintain and strengthen dialogue between agricultural sector and financial institutions," Serhiy Arbuzov noted.

The First Vice Prime Minister assured that the Ministry of Agrarian Policy and Food could to develop good tools for financial support to agricultural enterprises. Agricultural producers may participate in the procurement of grain Agrarian Fund and Public Joint-Stock Company State Food and Grain Corporation of Ukraine, receive state guarantees for investment projects and the necessary equipment by the Ukragroleasing NJSC’s programs.

"The important mechanisms of the development of the farming are Ukrainian State Fund for Farmers’ support and Ukrainian association of rural utilities that deals with rural development. Tax benefits are the main source of support for farmers," Serhiy Arbuzov added.