January 9, 2013

Ukraine to maintain support of livestock production

Ukraine has pledged to continue prioritising livestock production, through national support during 2013.

Mykola Prysyazhnyuk, minister of agrarian policy and food, announced a record allocation of US$80.4 million from the state budget to be invested in development programmes.  `

Subsidies for livestock in Ukraine are growing each year - in 2011 it was about US$74.2 million and in 2012 around US$78.5 million. With the help of state aid, the country could overcome 2012's early livestock crisis and increase the rates of meat production.

The 2013 state budget provided funds for a new type of subsidy to rear and maintain young sheep, which should also give impetus to the development of domestic sheep breeding.