Economy

Government approves 40 million euros in support for farmers facing fertilizer and energy costs

The government approved an extraordinary aid package of 40 million euros to compensate the agricultural sector for rising costs driven by the crisis in the Middle East. Funding combines 11.9 million euros in national support, 8.1 million euros from the Agricultural Crisis Reserve, and 20 million euros from the Common Agricultural Policy Strategic Plan (PEPAC). Farmers can apply for this support through the Institute for Financing Agriculture and Fisheries (IFAP) portal.

Why it matters

If you are a professional in the agricultural sector, this new subsidy is now available for application via the IFAP portal to help offset rising energy and fertilizer expenses.

Correio da Manhã· 5d agoRead original ↗

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