17:20 - 18.09.2023

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September 18, Fineko/abc.az. The Agriculture Loan & Development Agency financed the sale of 5,056 facilities of agricultural machinery for Jan-Aug 2023, ABC.AZ informs, referring to the report of the Agricultural Research Center.

According to estimates, in the first eight months of this year, 2,662 individuals and legal entities working in the agricultural sector were given subsidized loans for AZN 54.18 million. Compared with Jan-Aug 2022, the number of recipients of subsidized loans increased by 8.8 percent (215 people), and the loan amount grew by 32.8 percent (AZN 13.38 million).

Of the loans given for the reported term, AZN 40.89 million accounted for loans for machinery and equipment, AZN 350,000 for soft loans, and AZN 12.95 million for micro-loans.