IMPLEMENTATION LEVEL

National

AFFECTED FLOW

Inflow

ANNOUNCED AS TEMPORARY

No

NON-TRADE-RELATED RATIONALE

No

ELIGIBLE FIRMS

all

JUMBO

No

TARIFF PEAK

No
← back to the state act
Inception date: 16 Mar 2020 | Removal date: open ended

Interest payment subsidy

On 16 April 2020, the Serbian government announced a 1.45 billion dinar (approximately $13 million US dollars) program of interest rate subsidies to the Serbian farmers. Both plant growers and animal farmers are eligible. The loans are to cover investment costs and are disbursed in the framework of the government's plan of economic action to mitigate the negative consequences of the COVID-19 pandemic. The interest rate charged depends on the type of the farm, and averages around 4.3%. 

AFFECTED COUNTRIES

MAP
TABLE
EXPORT

AFFECTED SECTORS AND PRODUCTS

011 Cereals
012 Vegetables
013 Fruits & nuts
014 Oilseeds & oleaginous fruits
015 Edible roots & tubers with high starch or inulin content
016 Stimulant, spice & aromatic crops
017 Pulses (dried leguminous vegetables)
018 Sugar crops
019 Forage; natural rubber; living plants; raw vegetable materials
021 Live animals
022 Raw milk
023 Eggs of hens or other birds in shell, fresh
024 Reproductive materials of animals
029 Other animal products

Please report this page in case you detect an inaccuracy in its content.