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Vaud pays 20 million francs to the rural investment fund


Keystone-SDA

The Vaud Council of State decided Thursday to pay an additional endowment of 20 million francs to the rural investment fund (FIR), paid by sections of five million francs per year between 2026 and 2029. It is thus a question of supporting the succession of agricultural, modernizing the farms and supporting the sustainable transition of the sector in the canton, said the government in a press release.

(Keystone-ATS) The FIR is a cantonal tool that supports Vaudois farmers financially in key moments in their activity. It facilitates the resumption of exploitation, in particular outside the family framework, the acquisition of land and agricultural buildings, as well as the construction or renovation of infrastructure adapted to environmental requirements and animal welfare, recalls the canton.

This fund also supports the development of community projects, such as cheese dairies, cellars or collective stores, which value local products and strengthen local sectors.

“Since its creation in 1992, the FIR capital endowment had never been increased. However, faced with the increase in the cost of projects, especially in the construction field, the Council of State has decided to strengthen this strategic fund, “he explains. This increase of 20 million francs aims to “guarantee the sustainability and efficiency” of the FIR in an evolving context.

By also strengthening the economic solidity of farms via advantageous rate loans (0.5% annual contribution), the FIR makes it possible to replace part of the mortgage debt with more accessible funding. This mechanism contributes to preserving rural jobs, protecting landscapes and guaranteeing quality local production, the canton still underlines.

addison.bailey
addison.bailey
Addison is an arts and culture writer who explores the intersections of creativity, history, and modern societal trends through a thoughtful lens.
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