Serbia: Implementation of New Rulebook on State Subsidies for Agriculture

The Serbian government adopted a new Rulebook on the “Allocation of Subsidies for Agriculture Production and Rural Development in 2018”. According to the new rulebook, incentives for agricultural production and rural development will be divided into five categories: direct payments, payments for rural development, credit assistance, specific incentives and IPARD incentives. In 2018, planting subsidies for crop production in Serbia will be 4,000 dinars ($42) per hectare, the same as the previous year. The Serbian government allocated approximately 42.34 billion dinars ($441 million) for agriculture in 2018, which is over 11 percent more than in 2017. Of the total agricultural budget for 2018, more than 40 percent (17.04 billion dinars [$178 million]) will go to direct payments.

Serbia: Implementation of New Rulebook on State Subsidies for Agriculture