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  • KSDF's 15th Foundation Day

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    lulun120027598
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    The Ministry of Agriculture and Irrigation announced that it has extended the deadline for farmers to repay agricultural loans (15) times until December 31, 2008. This extension applies to agricultural loans provided by the ministry to farmers for cultivation during the 2007-2008 financial year. The ministry took this decision because many farmers were unable to repay their loans on time due to low agricultural commodity prices and natural disasters affecting harvests. The extension will help farmers avoid bankruptcy and loss of farmland. The ministry hopes that with this extension, farmers will have time to sell their harvests at reasonable prices. They also hope that commodity prices will rise by 2010 when most loans will be due for repayment. Currently, rice prices are about 90

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    The Ministry of Agriculture and Irrigation announced that it has extended the deadline for farmers to repay agricultural loans (15) times until December 31, 2008. This extension applies to agricultural loans provided by the ministry to farmers for cultivation during the 2007-2008 financial year. The ministry took this decision because many farmers were unable to repay their loans on time due to low agricultural commodity prices and natural disasters affecting harvests. The extension will help farmers avoid bankruptcy and loss of farmland. The ministry hopes that with this extension, farmers will have time to sell their harvests at reasonable prices. They also hope that commodity prices will rise by 2010 when most loans will be due for repayment. Currently, rice prices are about 90

    Copyright:

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    Download as PDF, TXT or read online from Scribd
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    15 views1 page

    KSDF's 15th Foundation Day

    Uploaded by

    lulun120027598
    The Ministry of Agriculture and Irrigation announced that it has extended the deadline for farmers to repay agricultural loans (15) times until December 31, 2008. This extension applies to agricultural loans provided by the ministry to farmers for cultivation during the 2007-2008 financial year. The ministry took this decision because many farmers were unable to repay their loans on time due to low agricultural commodity prices and natural disasters affecting harvests. The extension will help farmers avoid bankruptcy and loss of farmland. The ministry hopes that with this extension, farmers will have time to sell their harvests at reasonable prices. They also hope that commodity prices will rise by 2010 when most loans will be due for repayment. Currently, rice prices are about 90

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
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