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Clever use is to be made of the financial mechanism of the agro-industrial sector

Clever use is to be made of the financial mechanism of the agro-industrial sector

Kadry Sel' skogo Khozyaistva (6): 53-59

Substantial financial support measures for USSR agriculture came into force in 1983. Producer prices were raised by an average of 27%, farms were granted remission of debts of 9700 r million, a further 11 100 r million was deferred until 1991 and prices of machinery and fertilizers were frozen at 1967 levels. To balance this food had to be subsidized (beef at 3.33 r/kg, butter 4.90 r/kg, milk 0.18 r/litre).

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