Yushchenko calls on Cabinet to focus on the creation of market mechanisms in the APC

by admin on July 31st, 2009

President Viktor Yushchenko calls on Cabinet to concentrate on creating a transparent market mechanisms in the field of agro-industrial complex. This is stated in the commentary of the main socio-economic development of the Presidential Secretariat.
In service

believe unrealistic promises of the Prime Minister to allocate significantfunds for the agro-industrial complex from the stabilization fund, as of July 28, the balance of the single Treasury account was 0.5 billion hryvnia.

Service said that the Prime promised to allocate 400 million hryvnia from the stabilization fund for the purchase of agricultural machinery, and that 2 billion hryvnia from Stabilization will be directed to the needs of agricultural engineering and 5 billion hryvnia - for cheaper loans for agriculture.

The President believes that government should concentrate on creating a transparent market mechanisms in the field of agribusiness, not to create inflationary expectations by declaring the intentions of the Government to make the next release of money into the economy, - transmits service view Yushchenko.

also notes underfinancing from the general fund state budget planning funding programs that support the development of agribusiness, as well as programs such as budget subsidies in the livestock and crop production.

Instead, the next redeployment billion amounts of non-existent, it would be appropriate to take immediate measures to effectively regulate the market prices of the grain market, - says the commentary.

Service Specialists are confident that the Agrarian Fund has no resources to carry out the functions of regulator of the market of agricultural products.

It was reported that the Cabinet intends to allocate some 400 million hryvnia for the purchase of national joint-stock company Ukragroleasing agricultural technology for farmers.

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