Amount Of Subsidized Loans Provided To Farmers Increases.

Subsidized loans for Azerbaijani farmers increased in Q1 2023, with 449 individuals and entities receiving loans totaling $6.18M, a 2.7x increase in recipients and 2.9x increase in loan amounts compared to the same period in 2022. The Agricultural Credit and Development Agency (AKIA) also financed the sale of 2,492 agricultural machinery pieces, a 5.1x increase from the previous year.

April 04, 2024
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