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BCR to grant to farmers funding up to 90 per cent of the subsidies

2016-10-21 21:50:04 - From the Print Edition

Farmers can obtain funding from BCR up to 90 per cent of the subsidies they are about to collect, following an agreement concluded between BCR, the Agency for Payments and Intervention in Agriculture (APIA) and the Guarantee Funds. BCR offers working capital up to 90 per cent of the subsidies that farmers will collect from APIA, within the Single area payment scheme (SAPS), Redistributive payments, Payments for agricultural practices beneficial to the environment and climate, as well as within the Countervailing measures of rural development applicable to agricultural lands.



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