The government is supporting farmers’ investments with a new measure

The government is providing several tools to maintain farmers’ solvency, as the system of particularly favorable, interest-subsidized working capital loans will be relaunched. In addition, farmers will also have the opportunity to receive support for their interest costs and guarantee fees provided by the AVHGA in addition to their non-refundable investment support. In addition, we will increase 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 the protection measures to compensate those affected.

The interest cost support that is now being launched, similar 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 investments is also intended to encourage the smooth implementation of developments in agriculture.

Support can be requested for the interest on the investment loan or credit up to a maximum of 10 percent of the eligible costs specified in the grant document, while support can be requested for the institutional guarantee fee up to a maximum of 5 percent of the eligible costs specified in the grant document.