Soyuzmoloko believes that the size of the short-term loan should be kept at the level of 1.2 billion rubles

Источник: The DairyNews
Soyuzmoloko believes that the size of the short-term loan should be kept at the level of 1.2 billion rubles. According to the organization, this is necessary in connection with the increase in feed prices in the domestic market and the devaluation of the ruble, writes The DairyNews.
As noted by General Director of Soyuzmoloko Artem Belov in his comments to Milknews, last year under the conditions of rising cost of production of milk the increase in maximum amount of preferential short-term loan per borrower was of particular significance to industry participants, as it helped to attract additional volumes of preferential credit funds in order to ensure financing of increased operating costs.

‘However, this year this support is no less important for the sector. The fact is that the industry has experienced a serious increase in the cost of feed due to the increase in feed prices in the domestic market and the devaluation of the ruble. The increase in electricity costs and the persistence of inflationary processes in the economy also had an impact,’Belov added.

Earlier, we reported that the maximum amount of a preferential short loan for the agro-industrial complex will be reduced to 1 billion rubles.

We will remind that the order of Deputy Minister of Agriculture Elena Fastova of January 13, 2021 approved the plan of preferential lending to the agro-industrial complex for 2021. More information about the document can be found at the link.

 

 



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