AM: the preferential loan requested by farmers exceeds 54 billion HUF
About 3,000 farmers have already applied for preferential loans in the Agrár Széchenyi Card Plus scheme, which helps with working capital financing, worth more than 54 billion HUF, Feldman Zsolt, Secretary of State for Agriculture and Rural Development, at OTP Bank’s press conference on agricultural lending in Budapest on Tuesday.
The Secretary of State explained that a number of important government decisions have been made in the recent period that will effectively contribute to offsetting the economic effects of the coronavirus pandemic. These include the 25 billion HUF non-refundable support package for agricultural and food operators that can be applied for during the summer, as well as the elaboration of the investment tender package, from which the livestock sector will receive 50 billion HUF and the horticulture sector 30 billion HUF. (MTI)
Related news
AM: Producer protection will be renewed from January 1st
From the beginning of the year, new rules promoting fair…
Read more >AM: the Szupermenta product test program provides additional information for purchase
The National Food Chain Safety Office (Nébih) Szupermenta product test…
Read more >From January 1, buyers must pay producers within 30 days
The 30-day payment deadline for agricultural and food products has…
Read more >Related news
KSH: retail turnover in November exceeded the same period of the previous year by 4.1 percent and the previous month by 0.6 percent
In November 2024, the volume of retail trade turnover increased…
Read more >NGM: Public confidence is apparently starting to return
The government is working to improve the economy so that…
Read more >Fidelity Outlook 2025: The US is ready for reflation
The Republicans’ landslide victory in the November election has significantly…
Read more >