#Montenegro #agriculture #agriculturalbudget #ruraldevelopment #EUstandards #foodsafety #competitiveness #sustainablegrowth #fisheriessector #economicdevelopment
In a significant move to bolster its agricultural sector, the Montenegrin government has announced a substantial allocation of 75.1 million euros for agricultural initiatives in the year 2024. This budget, supported by contributions from the state budget, donations, and loans, is aimed at revitalizing the agricultural landscape and ensuring sustainable growth.
According to the statement released by the government, the allocated funds will play a pivotal role in supporting various facets of agriculture, ranging from direct payments in cattle breeding and fruit and vegetable production sectors to market interventions and support measures for rural development. This comprehensive approach underscores the government’s commitment to fostering stable incomes, enhancing competitiveness, and improving living conditions in rural areas.
One of the primary objectives of this agricultural budget is to meet EU standards in food safety, a crucial aspect for ensuring the competitiveness of Montenegro’s agricultural products in international markets. By investing in infrastructure, technology, and training, the government aims to elevate the quality and safety standards of agricultural products, thereby enhancing their marketability and consumer trust.
Furthermore, the allocated funds will also be directed towards bolstering the fisheries sector, reflecting Montenegro’s recognition of the vital role played by this industry in its economy. By investing in modernizing fishing fleets, promoting sustainable fishing practices, and improving market access, the government seeks to support the growth and resilience of the fisheries sector while safeguarding marine ecosystems.
Montenegro’s substantial investment in agriculture for the year 2024 signifies a significant step towards sustainable development and economic growth. By prioritizing initiatives that promote innovation, sustainability, and competitiveness, the government aims to position Montenegro as a key player in the global agricultural landscape, while simultaneously improving the livelihoods of its rural population.
