At a meeting with representatives of the livestock breeding organizations, the Minister of Agriculture and Food Dr. Miroslav Naydenov presented activities of the Ministry of Agriculture and Food on the arrangements made between the two parties to improve market and financial situation in the sector. Issues in relation to the upcoming notifications to the European Commission for the reduction of the excise tax rate on diesel in livestock breeding farms and compensation of farmers for costs made for immunoprophylactic activity were also discussed.
Livestock breeders in their turn raised the issue of taxation for the current and the next year. Changes tax laws in order to expand and facilitate the ability to choose any means to account for the costs incurred by farmers are to be made.
The meeting was attended by Deputy Minister of Finance Vladimir Goranov, who declared his readiness to participate in the negotiations between commercial banks and the State Fund "Agriculture" to develop new, more equitable contractual arrangements for the provision of credit resourses for farmers. New schemes for financial assistance and credit ing for the buffalo breeders for which MAF received approval by the EC Commission were presented at the meeting.