Program on state assistance for development of sheep and goat breeding in the Republic of Armenia for 2019-2023

The program “On state assistance for development of sheep and goat breeding in the Republic of Armenia for 2019-2023” was approved by the RA Government Decree No.1305-L dated September 19, 2019.

Within the program framework, for ensuring access to acquisition of pedigree small cattle it is envisaged to provide the state assistance in two ways:

A. Partially subsidizing the interest rates on loans provided for acquisition of pedigree small cattle, in which case according to the RA Government Decree No.175-L of February 11, 2021, these loans will be available to beneficiaries until December 31, 2021 at 0% interest rate, up to 4 years of repayment term and up to 1 year for the principal amount with preferential terms.

The state can provide co-financing at 70% to agricultural cooperatives and 30% to other business entities.

The lending process is initiated by beneficiaries by applying to financial institutions (LIST) for a loan and submitting an application on acquisition of pedigree small cattle, whereby the application shall specify the quantity of the pedigree offspring to be purchased, location(s) of acquisition (import), timelines of acquisition. The beneficiary shall also present to the RA Ministry of Economy (hereinafter referred to as the Ministry) the verifications (certificates, cards) of the pedigree small cattle to be acquired in order to provide necessary advice to financial institutions on ascertainment of the small cattle’s pedigree status for acquisition.

B. Reimbursement of expenses incurred: in this case, 23% of the amount actually paid (excluding transportation costs) will be compensated for the pedigree offspring acquired by the beneficiary at a price of up to 450 thousand AMD for each animal, and 27% will be compensated to the border settlements approved by the RA Government Decree No.1444-N of December 18, 2014, and cooperatives operating in agricultural sector for the pedigree small cattle acquired at a price of up to 450 thousand AMD for each animal.

The compensation process is initiated by business entities in agriculture by submitting to the Ministry an electronic and (or) paper-based application before starting the endeavor on acquisition (importation) of the pedigree small cattle.

The registered beneficiary, upon acquiring the pedigree offspring, shall submit to the Ministry either an electronic or paper-based request for compensation, as well as attach verifications (certificates, cards) of the animals purchased, receipts or invoices for amounts paid for the animals, veterinary certificates verifying the health status of the animals (in case of importation also the standard form issued in the exporting country), reference on number of animals registered in the community, and bank account number.

The maximum estimated value of a pedigree small ruminant acquired within the program framework is set at 450 thousand AMD. The maximum loan amount per beneficiary is set at 900 million AMD (maximum 2,000 pedigree small ruminants, including no more than 100 pedigree male offsprings (of sheep and goats)), and not more than 450 million AMD for the first year alone (maximum 1,000 pedigree small ruminants, including no more than 50 pedigree male offsprings (of sheep and goats).

The program does not set any precondition for selection of specific breeds among pedigree small cattle according to their productivity (whether dairy, meat, or wool producing), except for their sex and maturity groups: up to 18-month-old pregnant sheep and goats, 4-16-month-old females and 6-16-month-old male offsprings (in case of importation, as of the moment of putting in quarantine in the exporting country and concluding a sales contract in the Republic of Armenia) with the ratio of 20: 1 (1 male for 20 females).

Upon acquisition of pedigree animals, it is necessary to submit to the Ministry:

  • a copy of the acquisition contract,
  • pedigree verifications (certificates, cards) of the animals purchased,
  • reference on the number of animals registered in the community,
  • payment commitment.

The application for compensation and required documents can be submitted via email to secretariat@mineconomy.am.

Detailed information on the program can be requested from:

Department of Agricultural Extension, Innovation and Monitoring, 011 597 254, 011 524 610, and Agricultural Programs Implementation Department, 011 530 333, 011 597 184.

 

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