BUSINESS

B&H Council of Ministers Granted Agricultural Loans Worth 12,7 Million USD

poljoprivredni-krediti2The B&H Council of Ministers determined a proposal for an agreement on financing between B&H and the International Fund for Agricultural Development (IFAD)-a project of developing rural employment (RBDP), and of which around 20.000 rural households will have access in 47 municipalities in B&H that is valued at 12,7 million USD.

This project aims to help farmers in 27 municipalities in the FB&H and 20 municipalities in the RS in order to increase their productivity and employment, as well as raise competition for access to markets and new business opportunities, announced the B&H Council of Ministers.

The value of the loan is 12.720.000 USD, with 60 percent allocated to the FB&H and 40 percent to the RS, and a grant worth 780.000 USD will be allocated.

(Source: ekapija.com)

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