OREANDA-NEWS. December 19, 2011. The government of Moldova adopted the resolution to increase the Subsidiary Fund for agricultural manufacturers by 150 mln. leis to 400 mln. leis.

Minister of agriculture and food Vasile Bumacov has reminded that in accordance with the Law about the state budget for 2011, the level of the subsidiary fund for agricultural manufacturers made 250 mln. leis and has been increased recently after introducing amendments into the law as far as funds budgeted sufficed to sink subsidiary arrears for 2009-2010 (246 mln. leis).

The fund is designed to stimulate crediting of agricultural manufacturers, purchasing new equipments, investing in infrastructure on processing and packing harvest and irrigation system as well as to back making of long-term plantations, to support producing under-glass vegetables.