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DROUGHT COMPENSATION FOR FARMERS TO BE SPEEDED UP

 

With regard to the current unprecedented droughts, the Drought Emergency Operative Body has decided to speed up insurance companies’ procedures to compensate farmers, introduced a moratorium for agricultural businesses’ debt service, set up a pool of 3 billion forints for fodder to animal farmers, and ensure an extra 1.4 billion forints to help farmers pay larger energy bills, the agriculture ministry said in a statement.