Over BGN 1.6 billion will be allocated to support young and new farmers by the end of the year in Bulgaria

Published Sep 15, 2024

Tridge summary

The Strategic Plan for the Development of Agriculture and Rural Areas 2023-2027 in Bulgaria is set to open admissions for over BGN 1.6 billion to support young and new farmers, and invest in municipal infrastructure by the end of the year. The plan aims to improve the economic viability of rural areas and address the challenges faced by farmers, and will also support innovative agricultural projects, producer groups, and non-agricultural activities. The admissions will be open in November and December for various interventions, including investments in rural infrastructure, start-up aid for young farmers, support for producers, and investments in irrigation infrastructure.

Disclaimer: The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Admissions for over BGN 1.6 billion to support young and new farmers plus investments in municipal infrastructure will be opened under the Strategic Plan for the Development of Agriculture and Rural Areas 2023-2027 by the end of the year. This was announced at the meeting of the Monitoring Committee of the Strategic Plan, which also approved the indicative timetable for these interventions. Support under these covers a variety of activities, including development of non-agricultural sectors such as handicrafts and services, modernization of irrigation infrastructure and agricultural activities. "The planned admissions will help improve the economic viability of rural areas and address the serious challenges faced by farmers in recent years," said the Deputy Minister of Agriculture and Food, Dr. Lozana Vasileva. Farmers await the adoption of interventions from the Strategic Plan because they will encourage the modernization and expansion of existing production activities. Support ...

Source: Sinor