Loans for farmers provided at 6 percent per annum

“In the framework of the project “Financing of Agriculture-5” for the seed farms provided loans at 6 percent per annum for three years,” the First Vice Prime Minister of Kyrgyzstan Mukhammetkaly Abulgaziev said, the department of information support of the Cabinet reported.

He urged farmers to use this opportunity actively.

“The goal of republican seed industry is to ensure farmers in regions of the country with quality certified seed. In this connection it is necessary to use advanced technology in the field work, and use drip irrigation and high-yielding hybrid seeds,” he said.

Mukhammetkaly Abulgaziev said that in 2017 it is planned to sow crops in the territory of 1203.6 thousand hectares in the country.

Republican seed farms and agricultural entities during the spring field work will provide farmers with wheat seeds – by 88.1 percent, barley – 86.6, maize – by 93.3, potatoes – by 95.9, sainfoin -80.5 and cotton – by 79.7 percent.