Ukraine has provided its farmers with loans worth $1.65 billion
Since the beginning of 2023, 11,500 Ukrainian agricultural enterprises have received ₴59.3 billion ($1.63 billion) in bank loans for the development of farms.
Ukraine's Ministry of Agrarian Policy and Food reported that 8,900 enterprises have been financed by ₴34.2 billion ($940 million) under the "Affordable 5-7-9 Loans" program.
According to the ministry, the largest amount of loans under various programs was received by farmers in Kyiv (₴11.5 billion for 842 enterprises), Vinnytsia (₴5.4 billion for 1,312), Dnipropetrovsk (₴5.3 billion hryvnias for 746), Kirovohrad (₴4.5 billion for 1,566), and Odesa (₴4.1 billion for 1,028) regions.
Under the "Affordable 5-7-9 Loans" program, 1,255 farms in the Kirovohrad region received ₴3.86 billion, and 1,009 farms in the Vinnytsia region got ₴3.53 billion. ₴3.43 billion was allocated to 830 businesses in the Odesa region, and ₴3.23 billion was directed to 683 farms in the Kyiv region.
At the beginning of 2023, governmental and non-governmental mine operators surveyed more than 200,000 hectares of agricultural land designated for priority demining; 120,000 hectares are already used by farmers.
As Rubryka reported, Ukrainian farmers will feel the effects of the Kakhovka dam destruction by the Russian forces for several more years. The ruined irrigation system revealed much greater consequences than could have been predicted. Read more in our article: It's too early to forget: How the Kakhovka disaster affected farmers in Ukraine's south and what solutions are already working?
