KIEV, June 22 – The state-owned Agrarian Fund and bank Ukrainian Capital are starting a joint program intended to finance agricultural producers.

The Agrarian Fund reported that UAH 400 million will be provided in the 2016-2017 agricultural year. The share of the bank should be UAH 100-200 million, and the Agrarian Fund would allocate the rest of the funds.

Agrarian Fund Chairman Andriy Radchenko said that the program is targeted at small and medium-sized enterprises with net revenue of up to UAH 10 million in the past year.