June 27 2005, 12:27

Moldova increased farm subsidies in 2005

The amount of direct and indirect subsidies into agrarian sector of Moldova in 2005 will total 864 million Moldavian lei ($68 million), which is well ahead of last year's 500 million lei ($39.7 million) said press service of the government of the Republic.

According to Vasiliy Tarleyev, Prime Minister of Moldova, the subsidies will compensate costs of energy consumed for irrigation, planting of new gardens and vine plantations, construction of hail protection systems. Besides, the government will subsidize 40 percent of agricultural insurance.