Two billion dinars for credits to agricultursits

Source: Danas Friday, 24.03.2006. 13:50
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The Ministry of agriculture has fgiven so far two billion dinars on the checkings accounts of agriculturists as loans of short-term credits. Out of that, 1.5 billions was from the agrarian budget for 2006, and half billion dinnars came in from returns of credits approved within the last two years. The measns were paid through the Department for vault of the Ministry of financies and 9 business banks with whome the Ministry of agriculture sigend contracts of crediting agricultural households.

Short term credits are approved for prepairation of sowing and buying all needed materials for agricultural production. Its amount depens on the size of the registered land in the property of agricultural households. For the land of 1 hectare it is approved a short term credit of 12.000 dinars, and 1-5 hectares 60.000 dinars, and 5-10 hectares 120.000 dinars and higher, and from 10 hectares - 240.000 dinars. The payment deadline is 12 months, with interest rate of 5% a year, without clausul of currency.

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