ADVERTISEMENT

Agri Ministry prioritizing smaller farms

Land

Through the Renewable Countryside and Renewable Agriculture program, the Ministry of Agriculture aims to develop the entire Hungarian food production by supporting value-creating, and efficiency-enhancing investments, Minister of Agriculture István Nagy said yesterday, according to magyarmezogazdasag.hu.

The minister recalled that during the creation and implementation of the program, special attention was paid to smaller farms, and opportunities for applications were opened for them.

The success of the call published in 2021, which helps the future development and modernization of the affected smaller livestock farmers, is demonstrated by the fact that 2,026 applications were submitted with a support amount of almost HUF 57 billion.

So far, support decisions have been made in 815 cases worth a total amount of HUF 24.3 bln, which may enable the implementation of an investment of about HUF 50 bln in the livestock sector, Nagy emphasized.

ADVERTISEMENT

Rate-setters augur slower decline in CPI in 2022 Analysis

Rate-setters augur slower decline in CPI in 2022

Lawmakers approve residency permit for digital nomads Parliament

Lawmakers approve residency permit for digital nomads

Magyar Bankholding chairman to serve as CEO as well Appointments

Magyar Bankholding chairman to serve as CEO as well

ITM, capital gov't agree on support for public transport City

ITM, capital gov't agree on support for public transport

SUPPORT THE BUDAPEST BUSINESS JOURNAL

Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.