Government guaranteed loans to be given to these individuals

12:37 - 5.06.2024

June 5, Fineko/ Producers of food wheat will be provided with government guaranteed loans for modern irrigation systems.

ABC.AZ reports that this became possible thanks to the approval by Prime Minister Ali Asadov “The procedure for providing state guarantees for loans provided by credit organizations at their own expense for the purchase of modern irrigation systems to business entities that have concluded an agreement with the Ministry of Agriculture of Azerbaijan, which has assumed obligations for the production of food wheat.”

The decision will ensure that business entities are provided with a state guarantee on loans provided at the expense of their own funds of credit institutions for the purchase of modern irrigation systems.