How much money was distributed for the investment scheme? - Low disbursement continues this year
The disbursement of funds for the new agricultural investment scheme launched at the end of last year has not progressed as expected.
Referring to the monitoring report of the Ministry of Agriculture, out of the 100 million lek that was made available to the new investment grant support scheme, it results that in 2024 only 11.4 million lek or about 114 thousand euros were disbursed.
The application process for the National Agricultural Investment Scheme 2024 ended on November 8, 2024, while the deadline for submitting documents was extended to February 28, 2025.
Initially, several contracts were signed and the disbursement of funds began for farmers who met the qualification criteria and entered into the relevant agreements for the implementation of the projects.
According to official data from the Albanian Agricultural Investment Agency (AZHBR), the National Agricultural Investment Scheme 2024 has registered a total of 404 applications. Of these, to date, 360 applications have met the selection criteria.
The highest interest was for investments in farm mechanization with 305 applications and for the construction of livestock stables and poultry facilities with 49 applications. Meanwhile, the number of applications for measures related to solar greenhouses and aquaculture was more limited. The regions with the highest demand for this scheme are Fier, Vlora and Korça, reflecting the interest of farmers for support in these areas with agricultural and livestock traditions.
For entities that have submitted the necessary documentation by February 28, 2025, the disbursement of funds will continue throughout 2025.
Financial support is an important initiative for the modernization of agriculture and livestock, providing opportunities for sustainable development and increased competitiveness in local and international markets, especially in regions with high production potential.
Poll
Solar energy license “boom” - 11 approvals in 4 months, projects positioned in Fier Region
The year 2025 has started with a high number of licenses for the production of energy from the sun. According to official data from the Energy Regulatory......
US, 179 billion euro deal with the United Arab Emirates - Trump's trip to the Persian Gulf secured 1.3 trillion euros in investments
The White House announced that US President Donald Trump secured 179 billion euros in deals with the United Arab Emirates during the last stop of his trip to......
Average personal tax rates in Europe: Which countries saw the biggest increases in 2024?
Workers pay not only income tax but also social security contributions. Together, these two components make up the average personal tax rate, expressed as a......
Birth bonus, only 1 million euros are given - 3-month period/ Falling birth rate, 4 million euros remain "stock"
Only 1 million euros have been distributed to babies born in the first 3 months of this year in Albania. Official data from the Ministry of Finance show......
Rama awaits Sánchez: Spain's continued support for Albania's European integration!
Prime Minister Edi Rama hosted today in a meeting the Prime Minister of the Kingdom of Spain, Pedro Sánchez, who is in Tirana within the framework of the......
The sixth summit of the European Political Community begins in Tirana
The sixth summit of the European Political Community begins its work today in Tirana under the logo "New Europe in a new world", marking its first meeting in......
Greece, tourism generates over 30 billion euros - The sector gave "breathing space" to the economy and employment in 2024
The direct contribution of tourism to the Greek economy in 2024 is estimated to be 30.2 billion euros. The data comes from a study by the Institute of the......
How did this week end for the major currencies?
The European currency, although with slight fluctuations for some time, now remains at relatively constant values against the local currency, being bought......
