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The authorities will print Br4 trillion for farm machinery

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The authorities will print Br4 trillion for farm machinery

Over Br4 trillion will be spent to provide Belarusian agribusiness enterprises with machines and equipment in 2013.

Alexander Lukashenko signed relevant decree No. 143 «Concerning the volume and sources of financing used to purchase agricultural machines and equipment in 2013» on 2 April, BelTA learned from the press service of the head of state.

The document envisages financing of the national program to provide modern equipment and machines to the companies of the agricultural industry, construction, retooling and upgrade of production facilities of these organizations for the period from 2011 to 2015. Br 4.06 trillion will be funnelled into the program. Preferential loans of banks will make up Br3.26 trillion of the total.

Agricultural companies will get hundreds of machines to cultivate and harvest grain, potatoes, beets, grass forage, vegetables, flax as well as land reclamation equipment and machinery for animal breeding farms.

The equipment will be provided on leasing terms.

The decree aims to provide agribusiness enterprises with new machines in 2013, use this equipment to master cutting-edge technologies in agriculture.

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