BAKU, Azerbaijan, December 29. A total of 8,296 agricultural loans as part of the implementation of the "Financing of Agriculture - 10" program were issued in Kyrgyzstan as of December 22, Trend reports citing the Ministry of Agriculture of Kyrgyzstan.
According to the ministry, the amount of issued loans for the development of Kyrgyzstan's agricultural sector under the "Financing of Agriculture - 10" project reached 4.7 billion soms ($55.2 million) this year.
During the reporting period, 2,938 loans were issued for the development of crop production in the amount of 1.2 billion soms ($14.1 million).
Kyrgyzstan provided almost 5,000 loans worth of 2.4 billion soms ($28.4 million) for the development of livestock breeding and for agro-processing activities - 359 loans in the amount of 1 billion soms ($12.7 million).
The purpose of the Project "Financing of Agriculture-10", which was approved in January 2022, is to provide state support to business entities and individuals of Kyrgyzstan for the timely conduct of agricultural fieldwork this year.