Consideration of applications for concessional short-term and investment credits in 2019, will begin in early February. Last year the Ministry of agriculture of the Russian Federation was approved 403 applications Lipetsk farmers to obtain loans at a reduced program in the amount of more than 53 billion rubles. This is 1.6 times more than in 2017, said the Department of agriculture in the region.

Concessional lending is one of the most effective tools of the state support of agricultural producers. The program was launched in 2017. Loans for the modernization and development of the farms drawn on it under the most favorable conditions – up to 5% per annum.

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