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Ministry of Agrarian Policy to provide agrarians with 2006 Budget compensation for 20-21% credits
11.04.2006 10:59 "Agro Perspectiva" (Kyiv) —
As to Ministry of Agrarian Policy Decree № 752 from Dec 27, 2005 «About Establishing of Procedure of Holding Contest for Determining Number of Agrarian-Industrial Complex Companies Which are to be Provided with Financial Support through Mechanism of Short-Term and Long-Term Credits Cheapening», Ministry has decided budgetary compensation can be provided in 2006 only to those agrarian companies which attracted short-term credits with yearly interest not over 21%, long-term credits not over 20%.
Decree was registered in Justice Ministry Mar 27, 2006/came into effect Apr 4, 2006.
As to Decree, Contest for budgetary compensation can be participated by Agrarian-Industrial Complex companies which have attracted within 2006 bank short-term credits with yearly interest not over 21%, long-term credits not over 20% (credit union credits not over 27%).
Decree stipulates date of Contest participation applications examining starting to be date of Commission (examining Contest participation applications) meeting.
As to Decree, Commission is to examine contestants applications not less 2 times per month.
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