Kyrgyz farmers allocated KGS 520 mln under Agriculture Financing -10 project

Economy 0

Bishkek, July 19, 2022. /Kabar/. KGS 520 million subsidies are allocated under the Agriculture Financing – 10 project, Minister of Agriculture of Kyrgyzstan Askarbek Dzhanybekov said during a press conference on Tuesday.

Thus, as of June 30, 2022 commercial banks issued 7 thousand 543 concessional loans for the amount of KGS 3 billion 991.5 million.

In addition, KGS 10 billion is allocated from the national budget in the framework of the Agro-Industrial Complex Lending project.

"Preferential loan is given to agricultural clusters from the national budget for cluster development: milk, meat (meat of cattle and small ruminants, poultry, fish), sugar, chicken, vegetables, fruits, potatoes, vegetable oil. Thus, KGS 3.4 billion were allocated," said Dzhanybekov.

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