The NGM is working on an agricultural lending stimulus package

The government is working on an incentive package to assist agricultural enterprises to get loans, in accordance with EU financial regulations – Hornung Ágnes, Minister of State for Finance in the Ministry of National Economy (NGM) told at Napi.hu’s agricultural conference in Budapest on Thursday.

The Minister of State in her lecture emphasized that the performance and added value of agriculture has also increased in recent years.

Employment in the sector increased by 17.5 percent between 2010 and 2015, which is a significant achievement – he said.

She indicated that the employment may increase further with the introduction of tax incentives, reducing the administrative burden on seasonal work. (MTI)