Ulaanbaatar
Agricultural machinery to be leased to farmers
Economy | Agriculture
Ulaanbaatar /MONTSAME/ The "Crop Farming Support Fund" of the Ministry of Food and Agriculture in cooperation with “DBM leasing” LLC, the subsidiary of the Development Bank started providing lease for agricultural machinery and equipment.
Earlier, with a goal to implement "Agricultural Technical Reform", the part of nationwide "Atar-III Campaign", a loan of USD10 million from the Exim Bank of Russian Federation, with term of 3-5 years was resolved to fund purchasing agricultural machinery and to be financed through the Development Bank.
A total of 543 machineries of 20 types designed for harvesting grain and preparing hay and fodder is scheduled to be imported from Russia and as of today, over 70 machineries of 7 types have come.
Earlier, with a goal to implement "Agricultural Technical Reform", the part of nationwide "Atar-III Campaign", a loan of USD10 million from the Exim Bank of Russian Federation, with term of 3-5 years was resolved to fund purchasing agricultural machinery and to be financed through the Development Bank.
A total of 543 machineries of 20 types designed for harvesting grain and preparing hay and fodder is scheduled to be imported from Russia and as of today, over 70 machineries of 7 types have come.
B.Ooluun
