Bulgaria’s reforms and investments in the digitalization and innovation of agriculture within country’s National Recovery Resilience Plan
Reforms and investments play fundamental role in the sixth component of the Bulgarian Recovery Resilience Plan entitled ‘Sustainable agriculture’. The component aims at enhancing the sustainable management and competitiveness of the Bulgarian agricultural sector in the context of the green transition. It fits within the ‘Green Bulgaria’ pillar and includes three major measures – a reform and two investments:
- Reform 1: Updating the strategic framework of the agricultural sector
- Investment 1: Fund to promote the technological and ecological transition of agriculture
- Investment 2: Digitalisation of processes from farm to fork
Highlights
- The Bulgarian National Recovery Resilience Plan was approved in April 2022.
- It consists of four thematic pillars, the larger of which is the “Green Bulgaria” one (42% of the overall financing within country’s Recovery Resilience Plan).
- This pillar includes investments and reforms in the sector of agriculture.
- The leading investment, totalling EUR 492mln, will promote the technological and ecological transition in the field of agriculture.
- A minimum of 636 registered farmers will be supported in preparation of centres for marketing and storage of fruit and vegetables; construction/reconstruction and equipment of establishments for the rearing and evaluation of male breeding animals; efficient water management, etc.