26.02.19.
The Ministry of Finance of Kyrgyz Republic concluded contracts with commercial banks for 5.3 billion soms for the implementation of the project "Financing of Agriculture - 7". This was announced by the website of the department.
According to him, for the implementation of the project, agreements have been signed with nine banks. Preferential loans will be provided for the development of crop, livestock and agricultural processing.
Lending to agricultural producers will be made at 6 percent per annum for the processing of agricultural products, at 8 percent - for entities engaged in horticulture and intensive forestry, greenhouse farming and the introduction of a drip irrigation system or purchasing breeding cattle or equipment for artificial insemination. A 10 percent loan is available for livestock and crop production.
