Business

Ministry Proposes €4m Aid Scheme for Sugar Beet Farmers

By 24 October 2021
Ministry Proposes €4m Aid Scheme for Sugar Beet Farmers
By Lesław Zimny - Own work, CC0, https://commons.wikimedia.org/w/index.php?curid=15459849

ZAGREB, 24 Oct, 2021 - The Croatian Ministry of Agriculture put a HRK 30 million (€4m) aid scheme for sugar beet producers to public consultation earlier this week.

The scheme will provide financial support to sugar beet farmers facing a slowdown or complete suspension of economic activity caused by the coronavirus pandemic. It should help them recover from losses, provide liquidity, restore the pre-pandemic level of primary production, maintain the present level of employment and prevent disruptions to the food supply chain. 

The ministry said that the pandemic has hit hard nearly all sectors of the economy, including agriculture, and that in the case of cropland it has resulted in a strong decrease in areas sown with sugar beet.

Only 10,200 hectares of land was sown with sugar beet in the pandemic years 2020 and 2021, down by 20.3 percent compared with the pre-pandemic average for 2018-2019 and by nearly 48 percent compared with 2017.

The value of the scheme is HRK 30 million (€4m) and the entire amount will be provided from the state budget. The aid will be allocated in accordance with the Temporary COVID-19 Framework, the ministry said.

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