Moldovan government approves way Russia's financial support is provided to farmers

21:27 | 30.11.2020 Category: Economic

Chisinau, 30 November /MOLDPRES/ - The government today voted a decision on the approval of a regulation on establishing the way the financial assistance on behalf of the Russian government is provided. The assistance is meant for a partial compensation of the damages caused by the 2020 year drought to the maize crop and preparing the soil for the 2021 year harvest.

Under the decision, the Finance Ministry will allocate, from the government’s intervention fund, 59,730 thousand lei (equivalent to 275 million Russian roubles) to the Agriculture, Regional Development and Environment Ministry (MADRM), in order to partially compensate the damage inflicted by the 2020 year drought to the maize crop and preparing the soil for the 2021 year harvest.

The Agriculture Ministry, through the Agency of Intervention and Payments for Agriculture (AIPA), will distribute the financial assistance, in line with the provisions of the regulation approved.

Also, AIPA will authorize only the received applications on requesting the financial assistance, according to the provisions of the aforementioned regulation, within the limit of the financial means allocated. The control over the fulfillment of this decision is entrusted with MADRM and the decision enters into force on the date of the publication in Moldova’s Official Journal.

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