Tuesday, October 4 2016 19:19

ArmInfo. Subsidizing of Armenian  agriculture should total 10-15% from total amount of production. Only  in such case real growth and development of the field may be  registered. Consequently, it is extremely important to find fund  sources for additional financing of the field, Minister of  Agriculture Ignatiy Arakelyan stated at the meeting with the deputies  and other officials of the ministry. 

"Obviously, programs being implemented by the government in the field  are not enough. As a result there is a situation with which both  villagers and processing plants are dissatisfied. This means that the  subsidy programs of the field work not properly. Thus, the approaches  should be revised; methods of implementation should be optimized  aiming to gain profit in the whole chain from producer to market. We  are obliged to create a real set of instruments for providing  assistance to villagers and processing plants", the Minister noted. 

Arakelyan mentioned that there is a necessity to create a fund, via  which loans will be provided to the agriculture field on affordable  terms.