Hungarian agriculture is at a tipping point

(Photo: AM/Tibor Vermes)

Sándor Farkas emphasized that agricultural subsidies contributed significantly to outstanding export performance at the level of the national economy as well. Thanks to the Hungarian government’s 80 percent co-financing, last year’s subsidies were the highest in the European Union as well. Around HUF 5,300 billion development resources are available until 2027. He added that the goal of the department is to increase the added value instead of raw material production, so by 2030 we want to make the Hungarian agricultural and food industry one of the most developed economies in Europe. This year, as part of the Common Agrarian Policy Strategy Plan, the department announces about 64 tender titles, which provide resources available to everyone, from the smallest farmers to farms with larger farms.

The deputy minister pointed out that the Hungarian government has proven several times that it is a strong ally of the farming community. In addition to increasing the competitiveness of agricultural enterprises, the purpose of the development funds is to strengthen rural Hungary and to encourage people to stay in their locality.

AM