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Farmers continue to receive subsidies in Azerbaijan

Economy Materials 16 September 2020 15:16 (UTC +04:00)
Farmers continue to receive subsidies in Azerbaijan

BAKU, Azerbaijan, Sept. 16

By Zhale Qasimova – Trend:

Subsidies worth 30 million manats ($17 million) have been paid to the farmers in connection with spring sowing in Azerbaijan as of September 15, Trend reports citing the Agrarian Credit and Development Agency under the Azerbaijani Ministry of Agriculture.

Some 17 million manats ($10 million) of this amount was allocated to the cotton producers, one million manats ($588,235) - to the tobacco and rice producers.

Some 99 percent of the farmers (50,146 people) who announced about spring sowing received the subsidies. Some 19,515 of them are cotton producers.

The subsidies worth 4.5 million manats ($2.6 million) have been paid to 27,910 farmers this year who raised calves through artificial insemination.

The state paid the subsidies worth more than four million manats ($2 million) to about 19,000 beekeepers. The monitoring is also underway to pay up to 700,000 manats ($411,764).

Some 3,382 silkworm breeders from 30 districts of the country supplied 279,884 kilograms of silkworm cocoons to the production facilities and received the state subsidy worth 1.4 million manats ($823,529).

The state subsidies have been issued to the agricultural producers since 2020 through the online platform of the Electronic Agricultural Information System based on the applications and coordination, by transferring the money to the farmers' cards.

To date, 519,674 farmers have been registered in the Electronic Agricultural Information System. Proceeding from the new rules, the state paid the subsidies worth 229 million manats ($134.7 million) to the farmers, including the subsidies for autumn and perennial crops.

(1 USD = 1.7 AZN on Sept. 16)

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