PRIA to disburse €123.7 million in farm subsidies in December
The Estonian Agricultural Registers and Information Board (PRIA) has endorsed the rates of direct and area payments for 2017 and is set to begin executing payouts in the total sum of €123.7 million this month.
Decisions concerning seven different kinds of payments will be made by Dec. 11, and the subsidies will be paid out this month, PRIA said on Friday.
The full amount of direct payments, €123.7 million, is financed by the European Union. This sum includes €80 million in single area payments, corresponding to a unit rate of €83.71 per hectare.
Financing for practices that benefit the environment and the climate, or greening, will total €37.1 million, or €38.81 per hectare.
Aid for young farmers will total €408,000, or €20.92 per hectare.
The size of the budget of direct support for fruit and vegetable cultivation is €544,800, with a unit rate of €305.31 per hectare.
Support for dairy cow breeding is to total €5.6 million, or €222.62 euros per dairy cow.
The total amount of support to be paid out to Estonian farmers in December is €15 million greater than last year.
On top of the aforementioned amounts, PRIA will also be paying out transitional support financed by the Estonian government.
Editor: Aili Vahtla
Source: BNS
