The agricultural producers can get the necessary circulating assets as budgetary loans secured by the grain at low lending rates of National Bank at 6.8% per annum. This is provided by Government Resolution ¹ 859 “On setting for 2012/13 marketing period, amount of fee for the use of budgetary borrowing by grain producers within the regime of government mortgage purchases” dated September 17, 2012. That was declared by Mykola Prysyazhnyuk, Minister of Agrarian Policy and Food. 

«Thanks to the resolution approved by the Government „On setting for 2012/13 marketing period, amount of fee for the use of budgetary borrowing by grain producers within the regime of government mortgage purchases», farmer will be able get the necessary funds for autumn field works. This low-cost credit is granted under the pledged grain which a farmer leaves deposited in the Agrarian Fund at a small rate of 6.8% per annum, determined by the National Bank,” Mykola Prysyazhnyuk emphasized.

Agro Perspectiva