The Malta Business Weekly

Government allocated €4.5m worth of financial aid for farmers and farm animal breeders

-

Minister for Agricultur­e, Fisheries, Food and Animal Rights Anton Refalo announced the allocation of €4.5 million for financial aid from the national funds of Malta towards farmers and farm animal breeders, due to the rising costs caused by the pandemic, the effects of the war in Ukraine as well as the higher costs for fertilizer for farmers.

€1.5 million will be given to farmers and €2.5 million will be allocated to animal breeders. €446,000 will be allocated towards the continuati­on of the scheme for pig’s welfare next April. Overall, €12.5 million will have amounted in the last three years. Applicatio­ns will be sent to eligible persons by post within the coming month.

Refalo said that the world has faced an unpreceden­ted situation due to the pandemic, which has left several negative impacts including in the local agricultur­al sector. He also said that there are major disturbanc­es in trade for essential goods such as grain, as well as necessary inputs for agricultur­al production such as energy sources and fertilizer­s.

According to a report by the Food and Agricultur­e Organizati­on of the United Nations, the price of wheat has greatly increased, and will continue to result in a huge rise in grain prices. The ministry will continue to work to provide further financial assistance to farmers and breeders to alleviate the high costs and lack of income due to these difficulti­es.

Farmers have already been and will be receiving direct payments from PAK in the coming days and weeks, Refalo said.

 ?? ??

Newspapers in English

Newspapers from Malta