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15 March 2019, 16:33

Business

LPR launches agricultural credits

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LUGANSK, March 15 (Lugansk Media Centre) - LPR has launched credits for agro-industrial sector, farmers will be the first to receive them, the Minister of Finance Evgeniy Manuilov said.

"We have defined credit sources. The credit system has been launched, as everyone expected it," he said presenting report to the People's Council chairman Sergey Kozlov.

"We have raised 70 million rubles for credit purposes for 12 pc annual interest loans. This is an acceptable rate, especially compared with higher Ukrainian rates."

First, only agricultural companies will be eligible for credits. Later loans will be issued to industrial enterprises.

LuganskMediaCentre — 15 March — Lugansk