Tobacco producers in Bulgaria will receive help under the measure to overcome the consequences of the war in Ukraine

Published 2022년 7월 7일

Tridge summary

Bulgaria's Minister of Agriculture, Dr. Ivan Ivanov, has announced plans to support tobacco producers, utilizing increased budget funds. This support will be limited to registered producers and is intended to mitigate the impacts of the Ukraine war. The ministry is designing the support mechanism and is also open to discussions on reducing VAT on food and agricultural products. The budget for the agricultural sector this year is larger than previous years, with a focus on aiding as many farmers as possible. The timeframe for payment of support to tobacco producers and the reference period for national aid in the tobacco sector from 2023 to 2027 were also discussed.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Tobacco producers will be supported under the temporary measure to overcome the consequences of the war in Ukraine. The mechanism by which this will be done is currently being developed, and only registered producers will be able to benefit from the support. Vote: Should VAT be cut on food and agricultural produce? This is possible thanks to the larger funds voted with the update of the state budget for the Agriculture sector. This was stated by the Minister of Agriculture, Dr. Ivan Ivanov, during a meeting of the Advisory Council on Tobacco, quoted by the press office of the Ministry of Agriculture. Ivanov recalled that this year the money allocated to the sector is unprecedented and the main goal of the department's work is to support as many farmers as possible. He also added that the budget for support under the de minimis measure for this year has already been exhausted. According to the data from the State Fund "Agriculture", 1,968 tobacco producers received assistance, and ...
Source: Agri

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