BFC. Georgian Agriculture Finance Bulletin. Edition #3, January 2013
State Initiatives 1)
More than 325,000 hectares protected against brown marmorated stink bug
December 2nd, 2020, https://sputnik-georgia.ru/economy/20201202/250225125/
In total, Georgia took measures to protect 325,700 hectares of agricultural land against the brown marmorated stink bug this year. This includes measures to reduce the impact of pesticides on the environment. As a result of the work carried out, the number of the pests was reduced to a minimum level, and farmers had good and plentiful harvest of hazelnuts, corn and citrus fruits. This, in turn, had a positive effect on the country's export potential, especially hazelnut exports (which were up 37% year-on-year).
2)
Farmers take advantage of anti-crisis measures to save money
December 4th, 2020, https://sputnik-georgia.ru/economy/20201204/250243619/
In order to mitigate the economic damage caused by COVID-19 in Georgia, as well as stimulate the economy, the Ministry of Agriculture developed the Caring for the Village and Farmers anti-crisis plan, which provides significant benefits in terms of land reclamation. So far, 34,600 farmers have taken advantage of this measure and been exempt from land reclamation fees. This has resulted in them saving GEL 3.8 million. The Caring for the Village and Farmers anti-crisis plan has also written off the debt of 42,000 individuals and legal entities (amounting to GEL 8 million) owed to the Georgian Melioration company.
3)
Government to subsidize 10,000 tons of wheat flour per month
December 7th, 2020, https://bm.ge/en/article/the-government-to-subsidize-10000
The government of Georgia has decided to subsidize wheat flour to avoid increases in the price of bread. Specifically, the government will spend GEL 2 million GEL to subsidize 10,000 tons of wheat flour per month. Under the terms of the subsidy program, any company that receives a subsidy must sell their flour for no more than GEL 53 per bag. The subsidy program will run through March 2021.
4)
Government plan to expand the country’s fishing fleet
December 8th, 2020, https://sputnik-georgia.ru/economy/20201208/250274993/Gosudarstvo
The Ministry of Economy and Sustainable Development and the Produce in Georgia agency have begun joint work to support the fishing industry. Specifically, they will work to expand the country's fishing fleet, thereby creating new jobs. As part of this effort, they also intend on introducing new technologies and expanding their export potential. To this end, they will provide up to GEL 5 million for a credit guarantee scheme. Currently, their efforts are focused on two fishing companies, Nana-25 and Temo, both of whom plan to expand their operations through the acquisition of new fishing vessels.
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