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 12/22/2005 11:50  

Moldova will nearly quadruple farm subsidies in 2006

The worth of farm subsidies in Moldova will be increased nearly four times next year - to 220 million leus (about $17.194 million) - from the amount set aside in the budget for this year - 60 million leus, local media have said.

The Minister of Agriculture and Food have said that the increase in subsidies was necessitated by an increase in fuel prices, which has to be compensated to the farmers.

He said that out of the 220 million leus, 5 million will go to development of tobacco farming, 15 - to animal breeding, 20 - to construction of new technical facilities for farmers and another 15 - to orchard plantings.

"For the first time, a sum has been allocated this year for beet farming development - 20 million leus", he said.

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