Bashkiria agrarians will receive more than 11 billion rubles of loans at reduced rate of 5%

In agriculture everyone is covered with our attention, from a small farmer to a large holding, Deputy Prime Minister of the Government - Minister of Agriculture Ilshat Fazrakhmanov noted at a briefing on measures to support the economy of Bashkortostan amid sanctions pressure.

“We are always in touch with them. The districts work directly with each agrarian, these are the heads of agricultural departments, and deputy heads for agriculture, the network of information and consulting centers has proven itself well. There is a Center for Agricultural Consulting of the Republic, there are messengers chats.”

The Deputy Prime Minister noted that this year the farmers started the spring fieldwork earlier. They are quite expensive, in terms of operating costs - more than 20 billion rubles are needed to sow. The main source of financing for fieldwork for Bashkir farmers will be preferential bank loans. The federal budget allocated more than 1 billion rubles for concessional lending to farmers of Bashkortostan in 2022. The funds went to offset the key rate to banks. Due to this, the agrarians of the republic will receive more than 11 billion rubles of loans (of which more than 7.5 billion rubles have already been received) at a preferential rate of up to 5%.