Top

Government allocates 25,000 GEL to finance cooperatives

Government allocates 25,000 GEL to finance cooperatives
Government allocates 25,000 GEL to finance cooperatives

''We have two essential components to support cooperatives, to ensure their sustainability,'' Georgian Minister of Agriculture Levan Davitashvil said when presenting the anti-crisis agricultural plan today.

''Cooperation is a new topic in our policy. We understand that we may not see any unique outcomes yet, but we have laid a foundation that will inevitably provide good results in several years,'' he said.

''Several large cooperatives have been established including the one in the nuts sector,'' Davitashvili said, giving successful instances, namely honey and milk-producing cooperatives.

''We will finance each cooperative maximum with 25,000 GEL,'' Minister Davitashvili said.

Notably, the Georgian government plans to assist 200,000 farmers with 300 million GEL.

Farmers will receive 200-GEL financial aid and discount on diesel. They are exempt from irrigation fees in 2020.

The tax allowance budget for farmers includes 13 million GEL.

PM Gakharia says the government will do everything to ensure the cultivation of all land plots across Georgia.

The owners of greenhouses will enjoy halved expenses due to government support.

If you find out orphographic mistake in the text, please select mistaken part of the text and press Ctrl + Enter.

Last added

Latest news



orphus_system