The government is supporting farmers’ investments with a new measure

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The government is providing several tools to maintain farmers’ solvency, as the system of particularly favorable, interest-subsidized working capital loans will be restarted. In addition, farmers will also have the opportunity to use support for their interest costs and guarantee fees provided by the AVHGA in addition to their non-refundable investment subsidies. In addition, we are increasing the amount of the support advance from 25% to 50%. Livestock farms affected by foot-and-mouth disease can take advantage of the lending moratorium, apply for wage guarantee support, and even a budget source is available for protective measures to compensate those affected. The interest cost support that is now being launched, similarly to interest-subsidized working capital loans, is available to a wide range of agricultural enterprises, the State Secretary emphasized. József Viski said that those who have a final investment support document within the framework of certain measures of the CAP Strategic Plan will have the opportunity to submit applications for non-refundable support from June 2, 2025. The support provided for forint-based investment loans taken out in order to finance their own funds for the implementation of their investments is also intended to encourage the smooth implementation of developments in agriculture. Support for the interest on investment loans and advances may be requested up to 10 percent of the eligible costs specified in the grant agreement, while support for the institutional guarantee fee may be requested up to 5 percent of the eligible costs specified in the grant agreement. A

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