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Minister of Agriculture of Russia Alexey Gordeev has guaranteed five fat years for farmers.
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July 13, 2007
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Russian Ag. to Get $20 Billion in Next Five Years
The government approved a state program yesterday for the development of agriculture from 2008 to 2012. The 551.3-billion ruble program's aim is comparatively modest: to maintain stability in agriculture. Agriculture Minister Alexey Gordeev proposed the program is February 2006. In December 2006, the State Duma passed a law requiring a state program for investment in agriculture to be passed every five years. This is the first of those programs. Between 2003 and 2007, agriculture received 37.1 billion rubles' support per year.
The total cost of the program will be just over 1 trillion rubles(about $4 billion) annually. Besides the 551.3 billion rubles from the federal budget, the rest of the money will come from regional and local budgets. The program will be made up of two federal target programs – village development and preservation of the fruits of the earth – and five agency programs – the creation of a Unified Information System for the Agro-Industrial Complex, measures to combat the bomb fly and hypodermosis, development of flax growing, rape production and vineyard development. Those programs are to be in place by 2010.

In the next five years, agricultural production is to rise by 21.7 percent and livestock production by 27.7 percent. The proportion of domestically-produced meat on the Russian market is to rise from the current 59 percent to 69.9 percent in 2012. Labor productivity is to rise 28 percent in that time, which is less than in the economy as a whole. Prime Minister Mikhail Fradkov noted in regard to the program that it will not guarantee a stable pricing policy for agricultural products, which “sometime causes public concern.”


www.kommersant.com

All the Article in Russian as of July 13, 2007

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