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The Cabinet of the Ministers of Ukraine allowed the state company "Gosreserve" to sell on credit 60 ths.MT of food grain to the company "Ukrresurs"
04.04.2003 "Agro Perspectiva" (Kyiv) - The Cabinet of the Ministers of Ukraine has allowed State Committee on State Material Reserve to sell 60 on credit ths.MT of grain to the company "Ukrresurs". It is proclaimed in the order of the Cabinet of the Ministers of Ukraine "About distribution of food grain from state reserve" on March 28, which text is at disposal of agency "Ukrainian News". According to the order, the state company "Gosreserve» will distribute grain on conditions of the loan with its return till October 30, 2003 and monthly payment at the rate of 0.5% of its cost for use. The company owes to give the warranties of the return of the loan according to the current legislation. Now according to the information of agency, the state company "Gosreserve" sells grain and flour to regions, where is the deficiency of grain and flour for batch of bread, for stabilisation of the situation at the market of grain and bread. The Cabinet of the Ministers of Ukraine is going to sell 200 ths. MT of grain from state reserve to regions, which feel the deficiency of raw material. According to the experts, grain stocks of the state company "Gosreserve" are at the level of more than 1.5 mn MT. The annual volume of consumption of food grain by internal market is at the level of 6.3-6.5 mn MT. (agency "Ukrainian News")
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