Q:
A:
3.7 billion dinars for farm loans in 2004
Novi Sad,
15 May 2004
Serbian Deputy Prime Minister Miroljub Labus said today that 3.7 billion dinars will be set aside from the budget this year for farming loans.
Мирољуб Лабус
“We will offer so-called cash loans to farmers, which they will be allowed to draw immediately, as well as long-term loans to purchase machinery, with repayment periods of five years,” Labus explained at the opening of the 71st International Agriculture Fair.
Labus said that agricultural output in 2004 will be by “at least eight percent higher” than last year.
Labus said that agricultural output in 2004 will be by “at least eight percent higher” than last year.
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