Rent of farmland in Ukraine may rise five times

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Open source

Due to reforms, the cost of farmland rent could increase fivefold, the presidential press service reported.

“We need to raise the cost of land rent. In order to raise the living standards. On average, EUR 52 per hectare leased by citizens-holders of shares. This is simply an unrealistic price of land lease in Europe. In Lithuania, it is EUR 81. Why don’t we pay the farmer his honest rental price?” Poroshenko noted.

According to the president, a paradoxical situation appears: the state is renting out its land plots twice as expensive as the villagers. At the same time, in 2017, the strategy of rational management of state agricultural land resources was adopted and the lease of state agricultural land should be carried out only through open auctions with single starting conditions. 

As The Journalist reported, Ukrzaliznitsyia will not raise tickets prices this year.

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