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    Uzbekistan

    Farmers in Uzbekistan to receive improved subsidy allocation

    Farmers in Uzbekistan to receive improved subsidy allocation

    Agricultural producers will receive support and improved subsidy allocation through recent changes made by the Cabinet of Ministers.

    The State Budget will cover 30% of the cost of agricultural products purchased by manufacturers of automated land-planning units with laser installation, imported from abroad and produced in the republic.

    Besides, part of the electricity cost used for surface irrigation of raw cotton through pumps will be covered. Subsidy allocation is managed through the unified information system "Agrosubsidy."

    Grants for new agricultural machinery and equipment are granted for a year from the invoice date.

    Agriculture accounts for 27% of Uzbekistan's economy. The country's favorable climate and fertile soil support the growth of various crops, including cotton, wheat, rice, fruits, and vegetables.

    Cotton accounts for 60% of agricultural exports, but the government promotes diversification by encouraging the production of fruits, vegetables, and grains.

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    18.08.2023, 15:39   Comments (0)   1487
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