Podcast in English
Text size
Bulgarian National Radio © 2024 All Rights Reserved

More than EUR 1 billion to be allocated for agriculture and the development of local economies

Photo: BTA-archive

More than EUR 1 billion will be invested in agriculture and rural areas in Bulgaria in 2025. According to a decision by the Monitoring Committee of the Strategic Plan for Agricultural Development, the funds are aimed at modernizing agriculture and developing local economies, with part of the money earmarked for irrigation.

The reception of strategies under the "Community-Led Local Development" approach will begin in January next year, with a budget of nearly EUR 370 million. The aim is to increase employment and incomes and improve social services. There is also a budget of nearly EUR 100 million for the modernisation of the irrigation infrastructure. Three separate procedures will also be opened to stimulate the development of non-agricultural activities in rural areas. These are manufacturing, service provision and handicraft activities, which have a total budget of around EUR 100 million.




Последвайте ни и в Google News Showcase, за да научите най-важното от деня!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

Susumu Kataoka, president of Japan External Trade Organization

Japanese-Bulgarian business forum is being held in Sofia

A Japanese-Bulgarian business forum is being held in Sofia, organized jointly by the Japan External Trade Organization (JETRO ) and the Bulgaria Invest Agency . "I am leading a delegation of a hundred people, a fact that speaks volumes about..

published on 10/15/24 12:11 PM

Sofia to urge for European funding for energy interconnections 

EU energy ministers are meeting in Luxembourg to discuss the energy sector's contribution to the EU's competitiveness, wholesale electricity prices and winter preparedness.  At the request of Greece, supported by Bulgaria, Romania and Croatia,..

published on 10/15/24 7:50 AM

Annual meeting of Bulgarian municipalities discusses problems faced by local authorities

BGN 1 billion (EUR 510 million) under the Strategic Plan for Agriculture and Rural Development 2023-2027 will be distributed between municipalities in Bulgaria in December 2024, said caretaker Minister of Agriculture and Food Georgi Tahov at the..

published on 10/14/24 9:24 AM