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SECTION NEWS

Loan rates for farmers in Kyrgyzstan to be reduced

03/02/17 11:27, Bishkek – 24.kg news agency, by Tatyana KUDRYAVTSEVA

Loan rates for farmers will be reduced in Kyrgyzstan in 2017. The head of the Kyrgyz government Sooronbay Jeenbekov announced today at the working meeting.

Loans for the treatment and processing of agricultural products, export-oriented agricultural production will be issued at six percent per annum for three years.

Compared to 2016, the rate has been reduced by four percent. It stipulates for the provision of state support in the form of subsidies to three branches of agriculture: animal husbandry, crop production and processing industry. 

Since 2013, there have been issued 53,590 preferential loans of 17.1 billion soms in the republic.

As a result, it was decided to issue loans for animal husbandry at 6 percent for 18 months, for crop production - at 10 percent for 24 months, and for processing and treatment of agricultural products - at 6 percent for 36 months.

Totally, up to 7 billion soms will be allocated from the state budget for preferential loans program in 2017. 


URL: http://eng.24.kg/community/169577-news24.html
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Exchange rate from 4 February
National Bank of Kyrgyz Republic
USD 69.4463
EUR 74.6131
RUB 1.1708
KZT 0.2156
UZS 0.0212
Weighted average exchange rate of som on February 3
USD 69.4300


Weather forecast
05.02.2017
  night day
Bishkek
-24...-18 -10...-5
Talas
-17...-14 -13...-7
Jalal-Abad
-14...-10 -11...-5
Osh
-16...-9 -8...-4
Batken
-12...-8 -8...-3
Naryn
-27...-24 -19...-12
Cholpon-Ata
-27...-20 -14...-11


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«When we ran in the elections, we said that would even get the moon and the sun from the sky ».
MP Kamchybek Joldoshbayev at a meeting of Parliament, February 2, 2017.

«What have you done besides sale of donkeys to China?».
Deputy Ryskeldi Mombekov to the head of State Inspectorate for Veterinary and Phytosanitary Safety Kalysbek Zhumakanov at a meeting of Parliament, February 1, 2017.
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