István Nagy: Ministry of Agriculture provides increased national funds for livestock farmers

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The minister said that, in view of the numerous difficulties threatening farming, the Ministry of Agriculture has significantly increased the budget for certain national subsidy titles among the subsidies available to livestock farmers, in order to further strengthen the sector. National subsidies, together with direct subsidies, ensure production and income security, while investment subsidies encourage technological modernization. István Nagy explained that the ministry will increase the national support budget for pig farmers by another 800 million forints by arranging the sources of breeding sow and fattening animal welfare subsidies, in addition to the existing budget. The current 10 billion forints of animal welfare support for poultry farmers will be expanded by approximately 900 million forints. More than 2,100 dairy farmers have already received an advance payment of 8.4 billion forints of transitional national support – the maximum allowed by the European Union – which also helps to ensure stable operation and maintain market balance. Support for beef cattle farmers is also increasing, with the budget for breeding bull support increasing from 700 million to 923 million forints. These measures strengthen the financial stability of the Hungarian livestock sector and contribute to ensuring a higher level of animal welfare requirements. The aim of the Ministry of Agriculture, despite all difficulties, is to ensure that Hungarian farmers can continue to work safely, competitively and in a predictable environment, the Minister emphasized.

MTI