Serbia is one of the most important economic partners of Macedonia, our two economies are complementary, the President of Macedonia Gjorge Ivanov said Friday. He called on Serbian businessmen to make use of advantages of Macedonian economy and realize th

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The 2012 budget will allocate nearly 50 percent more funds for the Serbian Ministry of Agriculture, Trade, Forestry and Water Management than in 2011, Assistant at the authorized ministry Milos Milovanovic stated Friday.

The proposal is expected to spark off a “constructive parliamentary debate,” Milovanovic told the journalists at the Novi Sad Fair, where he opened the 4th Exchange of Planting Material.

He stressed that priorities of agricultural policy in 2012 will be the development of stock farming and investments in irrigation.

This year’s agriculture budget amounts to a little over RSD 22 billion, which is 2.4 percent of the total state budget.

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Agricultural producers and experts proposed on several occasions that, if Serbia wants a rapid agricultural development, taking into account the consequences of the major economic crisis, the agricultural budget should be increased to at least 5 percent of the total budget in 2012, and 20 percent in the years to come.

Source emg.rs

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