DF Zemedelie Plans 391.8 mln leva For Agricultural Producers
20 април 2007 | 10:13
The funds on the financial framework negotiated with the European Commission will be paid by the Payment Agency.
DF Zemedelie’s accumulates its funds through its own resources and the annual subsidy from the budget.
It is spent on payment of subsidies for plant-growing and stock-breeding, on investment loans, payments on agreed guarantees, personnel’s payroll, capital expenditures and the fund’s operating costs.
22.5 mln leva is planned for payment of direct subsidies and another 22.5 mln leva as capital subsidies.