This year's sowing campaign Vinnitsa farmers will cost 4.597 billion UAH

According to the Department of Agricultural Development of RSA need for funds to prepare and conduct complex spring field work in 2015 is 4.597 billion. UAH., Or 1.737 billion .. USD. (60.7%) more than in 2014. "89.8% - own funds of statetem, the rest - borrowed. Thus 236.9 million. UAH., Or 5.2% commercial loans, bank loans - 233 mln. USD. (5%). The need for funds for spring field work in 2015 to 1 hectare of arable land is 4026.5 UAH., Which is 58.8% more than the need for spring field work in 2014 (2014 - 2536 USD.) "- Said at a press conference holesHector Department of Agricultural Development of Nicholas Neyilyk. According to the Office of the National Bank of Ukraine in Vinnitsa region since the beginning of 2015 133 agricultural enterprises engaged in the field of 215 million. USD. credit. The average interest rate is 19%. The largest borrowers Raiffeisen Bank Aval, OTP Bank, Credit Agricole Bank, UGB, International Investment Bank. His "shoulder support" to agricultural and defaulted by the state. Thus, in the revised draft State Budget the Government has provided an additional USD 300 million in compensation to farmers lending rate. This was reported in the Vinnytsia Regional State Administration

Source: http://artlife.rv.ua/