AZN 30 mln. allocated for Agrarian Credit and Development Agency under Ministry of Agriculture
  • ECONOMY

  • 16:21 14 April 2020

AZN 30 mln. allocated for Agrarian Credit and Development Agency under Ministry of Agriculture

President of the Republic of Azerbaijan Ilham Aliyev has signed an Order on allocation of fund for improvement of provision of manufacturers of agricultural products with microcredits in the conditions of coronavirus pandemic and in the subsequent period, ONA reports.

According to the order, in the conditions of coronavirus pandemic and in the subsequent period, in order to meet needs of producers of agricultural products in financial means, and to issue microcredits without security in the agrarian sector, AZN 30 million have been allocated to the Agrarian Credit and Development Agency under Ministry of Agriculture of the Azerbaijan Republic from the reserve fund of the President of the Azerbaijan Republic envisaged in the state budget of the Azerbaijan Republic for 2020.

Ministry of Finance shall provide the fund, considered in the first part of the Order, the Cabinet of Ministers shall solve issues arising from the Order.

ONA

Tags:

RELATED NEWS