The Ministry of Agriculture, Forestry, and Water Management announced that the Law on the Budget of the Republic of Serbia for 2025 allocates a record 149.5 billion dinars for agriculture, accounting for 7.5 percent of the total budget revenues for the upcoming year.
At the Second Regular Session of the National Assembly, a budget of 138.5 billion dinars was approved for the Ministry of Agriculture, while the remaining 11 billion dinars are designated for refunds to farmers through excise tax rebates on fuel.
Subsidies constitute the largest share of the budget, with over 111.4 billion dinars allocated for agricultural and rural development incentives.
The 2025 agricultural budget represents a staggering 286 percent increase compared to the allocations in 2015, according to the Ministry’s website.
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Furthermore, amendments to the Law on Incentives in Agriculture and Rural Development were adopted, improving conditions for farmers engaged in milk and meat production.
The changes include a subsidy of up to 17,000 dinars per hectare for certified seed usage, encouraging more stable yields and higher product quality. Additionally, the right to subsidies for certified seeds in 2025 will apply to invoices issued from August 1, 2024, until the date of application submission, further facilitating farmers’ access to these incentives.
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