Serbia: Serbia Adopted a New Rulebook on State Subsidies in Agriculture

  |   Attaché Report (GAIN)

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Office of Agricultural Affairs, Rome   |   (011-39-06) 4674-2396

The Serbian Government adopted a new rulebook on the “Allocation of Subsidies for Agriculture Production and Rural Development in 2016”. According to the new Rulebook, incentives for agricultural production and rural development will be divided into four categories: direct payments, payments for rural development, credit assistance, and specific incentives. In 2016, planting subsidies for crop production in Serbia will be reduced from 12,000 dinars ($110) per hectare to 4,000 dinars ($36) per hectare. The Serbian Government allocated approximately 40.16 billion dinars ($365 million) for agriculture in 2016, which is 5 percent or 2.14 billion dinars ($19.5 million) less than in 2015. Of the total agricultural budget for 2016, over half (23.8 billion dinars [$216 million]) will go to farm subsidies.

Serbia: Serbia Adopted a New Rulebook on State Subsidies in Agriculture

Exporting, Regulations & Requirements
Europe and Eurasia, Serbia

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