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Armenia To Meet 75% Of Its Demand For Grain On Its Own In 2012

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  • Armenia To Meet 75% Of Its Demand For Grain On Its Own In 2012

    ARMENIA TO MEET 75% OF ITS DEMAND FOR GRAIN ON ITS OWN IN 2012

    Noyan Tapan
    http://www.nt.am/news.php?shownews=113465
    Ma y 16, 2008

    YEREVAN, MAY 16, NOYAN TAPAN. In 2007, the overall expenditures of
    agriculture made 8 bln drams (about 27 mln USD), 2 bln drams of which
    was allocated for salaries of employees in forestry and veterinary
    service, the RA minister of agriculture Davit Lokian said at the May
    16 discussion on execution of the 2007 state budget at the National
    Assembly.

    In his words, the ministry implemented three large programs last
    year. In particular, under the subsidising program in Aragatsotn and
    Chambarak, farmers were allocated 35 thousand drams for cultivating a
    hectare of land on certian conditions. Besides, pedigree animals were
    brought to Armenia and given to farmers. Commodity credits were given
    at 0% interest rate for four years. This process will continue, and,
    according to the minister, another 500 pedigree animals were brought
    into the country in recent days. As a result of this program, it is
    envisaged producing up to a million tons of dairy products in Armenia
    in 2012. A program on grain crops' import and seed production is also
    underway. The states compensates for some part of the expenses: about
    110 mln drams is allocated to farms. As a result of this program's
    implementation, in 2011 Armenia shall become a self-sufficient country
    in terms of wheat and corn production, while in 2012 it will reach
    the first degree of self-sufficiency when 75% of demand for grain is
    met domestically.

    Another big program of the ministry is construction of dams of the
    Arax River, for which about 1.4 bln drams was allocated in the autumn
    of 2007.

    The ministry also provides credits to farms.
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