economy
March 10, 2026
State allocated 1.3 billion dinars for farmers
Glamočić recalled that when he was head of the Ministry in 2013, about 500 million dinars were allocated for the realization of credit support in agriculture.
TL;DR
- The Ministry of Agriculture, Forestry and Water Management has allocated 1.3 billion dinars for subsidized loans for agricultural producers.
- Interest rates on these loans range from 0% to 3%, with 0% for fertilizer purchases, 1% for quality livestock and young farmers/women, and 1% for young farmers up to 40 years old.
- The loan disbursement will be divided into two parts: 70% before spring sowing and 30% before autumn sowing for raw materials.
- The spring installment can be used for equipment, machinery, livestock, and raw materials, while the autumn installment is strictly for raw materials.
- Nine major banks in Serbia have signed agreements to offer these loans.
- Maximum loan amounts are 6 million dinars for individuals and 18 million dinars for legal entities.
- The ministry is exploring options for long-term loans with repayment periods of 10 years or more for agricultural investments.
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