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JD20m of interest free loans offered to farmers in 2017

By JT | 00:44 February 1, 2018 |
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AMMAN — The government, through the Agricultural Credit Corporation, in 2017 offered farmers interest-free loans up to JD20 million, contributing to raising loan values by 24 per cent compared to 2016.

An Agriculture Ministry statement, carried by the Jordan News Agency, Petra, said that the government in 2017 exempted cooperative organisations from loans of JD43 million and exempted cooperative associations from JD100 million as loan interests.

The government last year presented compensations of JD1.4 million to farmers after frost spells that damaged their crops.

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