Lukashenko approves particularities of functioning of farms’ special accounts
<p> MINSK, Jul 13 - PrimePress. President of Belarus Alexander Lukashenko has approved particularities of the functioning of special accounts of agricultural enterprises (ordinance No.262 of July 9, 2020 published on the national legal Internet posted on July 11, 2020). </p> <p> </p> <p> According to the ordinance, agricultural enterprises may open only one special account to which funds will be transferred to subsidize their activities, including the provision of direct payments per unit of agricultural products sold or processed or sent for processing in Belarus, or per area unit of a land parcel or per livestock head. </p> <p> </p> <p> The ordinance also stipulated that the republican and local budgets will cover expenses related to the provision of subsidies to legal entities that execute investment projects on livestock and crop production, and cover losses of banks and the Development Bank of the Republic of Belarus OJSC, incurred not only when providing soft loans, but also when providing budget transfers to reimburse part of the capital costs of investment projects. </p> <p> </p> <p> Budget transfers for the reimbursement of part of the capital costs of investment projects will be provided from the republican and/or local budgets by a decision of the government and local executive and administrative bodies, respectively, in an amount not exceeding 25% of the capital costs. The transfer procedure will be determined by the Council of Ministers. </p> <p> </p> <p> Financing of the construction, reconstruction and modernization of agricultural production facilities can be carried out at the expense of the republican and/or local budgets. Previously, such financing was only provided as part of state support and local investment programs. </p> <p> </p> <p> The list of national events that may be financed from the republican budget is supplemented by a paragraph on reimbursement to business entities for assessing the conformity of organic products produced in Belarus and its production processes to technical requirements. </p> <p> </p> <p> In connection with the adopted ordinance, amendments were also made to the resolution of the Council of Ministers No. 954 of October 9, 2014 "On measures to implement the ordinance of the President of the Republic of Belarus of July 17, 2014 No. 347", </p> <p> </p> <p> On July 8, 2020, the government issued resolution No.405, which includes contracts for the purchase of veterinary products, protein raw materials and animal feed in the list of contracts in agriculture, for which subsidies are provided and debts are paid off. End </p>
2020-07-14
Primepress
Lukashenko approves particularities of functioning of farms’ special accounts
MINSK, Jul 13 - PrimePress. President of Belarus Alexander Lukashenko has approved particularities of the functioning of special accounts of agricultural enterprises (ordinance No.262 of July 9, 2020 published on the national legal Internet posted on July 11, 2020).
According to the ordinance, agricultural enterprises may open only one special account to which funds will be transferred to subsidize their activities, including the provision of direct payments per unit of agricultural products sold or processed or sent for processing in Belarus, or per area unit of a land parcel or per livestock head.
The ordinance also stipulated that the republican and local budgets will cover expenses related to the provision of subsidies to legal entities that execute investment projects on livestock and crop production, and cover losses of banks and the Development Bank of the Republic of Belarus OJSC, incurred not only when providing soft loans, but also when providing budget transfers to reimburse part of the capital costs of investment projects.
Budget transfers for the reimbursement of part of the capital costs of investment projects will be provided from the republican and/or local budgets by a decision of the government and local executive and administrative bodies, respectively, in an amount not exceeding 25% of the capital costs. The transfer procedure will be determined by the Council of Ministers.
Financing of the construction, reconstruction and modernization of agricultural production facilities can be carried out at the expense of the republican and/or local budgets. Previously, such financing was only provided as part of state support and local investment programs.
The list of national events that may be financed from the republican budget is supplemented by a paragraph on reimbursement to business entities for assessing the conformity of organic products produced in Belarus and its production processes to technical requirements.
In connection with the adopted ordinance, amendments were also made to the resolution of the Council of Ministers No. 954 of October 9, 2014 "On measures to implement the ordinance of the President of the Republic of Belarus of July 17, 2014 No. 347",
On July 8, 2020, the government issued resolution No.405, which includes contracts for the purchase of veterinary products, protein raw materials and animal feed in the list of contracts in agriculture, for which subsidies are provided and debts are paid off. End