Home / Agricultural Economy / Agribusiness / “WE INCREASE THE AMOUNT OF AGRICULTURAL SUPPORTS TO 54 BILLION DOLLARS IN 2023”

“WE INCREASE THE AMOUNT OF AGRICULTURAL SUPPORTS TO 54 BILLION DOLLARS IN 2023”

Minister of Agriculture and Forestry Vahit Kirişci stated that farmers were supported to produce during the fight against inflation and that interest-free loans were provided through Ziraat Bank and said, “We increased the agricultural support for 2022 from 25.8 billion dollars to 54 billion dollars in 2023.”

‘WE SUPPORT OUR PRODUCING FARMERS’

Noting that farmers were supported to produce during the fight against inflation and that interest-free loans were provided through Ziraat Bank, Minister Kirişci explained, “We escalated the agricultural support for 2022, which was 25.8 billion dollars, to 54 billion dollars in 2023. Last week, our President’s successive decisions were published. One of them was about supports. The second is about loading the diesel and fertilizer support, which would normally be paid six months later, on a card that Ziraat Bank will give to our farmers.”

“Thus, it was ensured that this card could only be used for fuel and fertilizer purchases. Although there is inflation in the world, Ziraat Bank gives loans with zero interest. The limit of this loan was 100 thousand liras,” he added.

“Now this loan has been increased to 200 thousand liras. We will ensure that 100 thousand lira of the 200 thousand lira limit is used only as diesel and fertilizer support. We will be the first to do this with the new application,” he concluded…

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