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[rtl]Trade announces an initiative that includes 3 packages to support peasants and farmers[/rtl]
economy , 2023/10/08 14:59 Number of readings: 24
economy , 2023/10/08 14:59 Number of readings: 24
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[rtl]Baghdad - Iraq Today:
The General Company for Automobile and Machinery Trade, one of the formations of the Ministry of Commerce, explained today, Saturday, details of initiatives to support peasants, farmers, and unemployed youth, including an initiative that includes 3 support packages .
The company's general manager, Hashim Al-Sudani, said, "The company is in the process of launching the initiative project for peasants, farmers, young people seeking small projects, and unemployed agricultural engineers."
Al-Sudani added, “The company has prepared the materials that farmers need for modern agricultural methods, and according to the Prime Minister’s directive, the necessity of adopting modern methods in agriculture to reduce water waste.”
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He pointed out that "the initiative is in the form of packages:
the first package included: a sprinkler + a solar pump, the second package: a sprinkler + a solar pump + a tractor, and the third package: a solar pump + a solar pump + a tractor + a harvester.”
He explained, “All of these packages are in installments, and the numbers are open, and the loan starts from 50 million dinars to 150 million, and the repayment years range between 5-10 years with government and private banks and according to the desire of the citizen, with an interest rate between 5-7%, and according to the value of the loan.” And the bank.”
He continued, “As for the unemployed youth initiative, it will be with a loan value of 50 million dinars and through the Income-Generating Projects Loan Fund in the Ministry of Labor and Social Affairs, after obtaining the necessary approvals.”[/rtl]
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