Government to foresee UAH 1 bln for compensation of cost of agricultural machinery in 2018

12:50, 17.02.2017 1 min read

Ukraine's Cabinet of Ministers intends to foresee UAH 1 billion in 2018 for compensation of the cost of agricultural machinery made in Ukraine, Ukrainian Prime Minister Volodymyr Groysman has said.

"The program for this year is UAH 550 million. For the next year we have foreseen around UAH 1 billion," the prime minister said during his visit to Agro Animal Show 2017 in Kyiv on Friday.

Groysman said that the parts of the machinery which cost could be partially compensated are to be made by at least 60% in Ukraine.

He said that in 2016 Ukrainian agricultural producers spent UAH 10 billion to buy agricultural machinery and only UAH 1.5 billion was sent to buy machinery made in Ukraine.