The Cabinet of Ministers of Ukraine has opened up new avenues for farmers to construct vegetable storage facilities under the "Affordable Loans 5-7-9%" program.

This was announced by the Ministry of Agrarian Policy.

The relevant resolution was adopted during a government meeting on April 18.

It is noted that agricultural producers investing in the construction of vegetable and potato storage facilities can now access government support in the form of interest rate compensation on loans up to 150 million UAH, similar to livestock and processing enterprises.

The Ministry of Agrarian Policy stated that due to the war and the destruction of infrastructure in Ukraine, the shortage of storage facilities has increased to 60%. The demand for new storage facilities is 340,000 tons.

"This will strengthen the food security of the country and help reduce price fluctuations for vegetables and fruits in the off-season," emphasized Minister of Agrarian Policy Vitaliy Koval.

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Minister of Agrarian Policy and Food Vitaliy Koval has urged businesses to invest in vegetable storage facilities.