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Georgia: Owners of small hazelnut plantations will receive cash subsidies, larger ones will receive preferential agricultural loans

Hazelnut Kernel
Georgia
Published Nov 1, 2022

Tridge summary

The State Hazelnut Production Assistance Program, which will begin in Georgia this year, provides assistance to both small and larger farms. The decision to support the hazelnut production sector through the implementation of a new program was announced at a meeting of the Georgian government on October 31.

Original content

According to the Ministry of Environmental Protection and Agriculture of Georgia, at the first stage of the new program, hazelnut farmers (individuals) who own or use hazelnut orchards ranging from 0.2 to 3 hectares will receive a subsidy from the state at the rate of 500 lari ($180) per 1 ha. According to EastFruit, the corresponding amounts will be credited to farmers on agricultural cards, and they will be able to use them to purchase various goods necessary for caring for hazelnuts. Farmers who own hazelnut orchards with an area of 3 hectares or more will have the opportunity to receive preferential agricultural loans to replenish working capital within the framework of the program. See also: Export of Georgian hazelnuts is growing from month to month, but the global picture is not improving The head of the ministry, Otar Shamugia, explained the reasons for the decision to implement a new state program in the hazelnut production sector. According to him, in 2017, as a result ...
Source: Eastfruit
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