“This is a rather high absorption rate if we compare it to other programs. Nevertheless, if we compare it to the absorption degree on rural development programs of the other EU’s countries, we have a lot to work at,” added Constantin.
Constantin also said he reiterates the objectives of his predecessors in the agriculture ministry, and aims to attract EUR2.5 billion worth of agriculture financing in 2012.
Some of the projects financed by PNDR are the setup of young farmers, upgrade of agricultural exploitations, improvement in the forest’s economic value, the value added growth of agricultural and forest products etc.