Peru: Emergency Decree No. 106-2021 authorizing financial subsidies for producers purchasing fertilizers

Emergency Decree No. 106-2021 authorizes Peru's Ministry of Agrarian Development and Irrigation to grant financial subsidies, channeled through the AGROPERÚ Fund, to producers who purchased fertilizers during the 2021-2022 agricultural season and operate agricultural units of between two and ten hectares. The decree authorized a PEN 250,947,734 public budget transfer to finance the subsidies, AGROPERÚ Fund financial expenses and MIDAGRI operating expenses, in support of agricultural production and food security.