Group of 7 countries (G7) Compared by Economy > Support and aid > Government support for fishing > Government financial transfers to fishing
DEFINITION:
The time series, “Government financial transfers (GFT)” provides an indicator of the financial support received by the fisheries sector. GFT consists of direct revenue enhancing transfers (direct payments), transfers that reduce the operating costs, and the costs of general services provided to the fishing industry. These general services consist mainly of fishery protection services and fisheries management but also include the costs of local area weather forecasting and the costs of navigation and satellite surveillance systems designed to assist fishing fleets.
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