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Georgia decides to increase subsidies for substandard apples

Business Materials 3 September 2020 14:33 (UTC +04:00)
Georgia decides to increase subsidies for substandard apples

BAKU, Azerbaijan, Sept.3

By Tamilla Mammadova – Trend:

Georgia has decided to increase the subsidies for substandard apples, Trend reports via Georgina media.

Substandard apples are apples that fall from trees because of wind, hail, or other weather phenomena. Mostly, substandard apples are not suitable for eating and being cheaper than standard apples, they are used by factories to prepare apple concentrate.

The government has decided to pay 22 tetris (0.7 cents) per one kilogram of substandard apples instead of 10 tetris (0.3 cents).

Georgian Prime Minister, Giorgi Gakharia explained that the goal is to support farmers in Georgia to handle economic challenges caused by COVID-19.

He said that this year about 120,000 tonnes of apples are expected to be harvested which is three times more than last year.

"Not a single kilogram of our farmers' produce should be left unutilized. That is why we are adding a new component to the 'Preferential Agro Credit' program, which will enable the Ministry of Agriculture and purchasing companies not to leave any apples unpurchased", Gakharia said.

He said that if it were not for this program the price of one kilogram of substandard apples would be 10 tetris as the price of apples in the international markets has dropped.

"Now the farmers will receive 22 tetris per kilogram of apples which is serious support in this crisis for them," said Gakharia.

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