In the 29 months since Danilo Medina took office, the government has financed around RD$33.8 billion worth of agricultural projects, coming close to achieving the four-year target of RD$40 million. <\/p>\n
In 2014 alone, according to Banco Agricola administrator Carlos Seguros Foster, speaking at a press conference at the Presidential Palace yesterday, Monday 19 Janaury 2015, the state agricultural bank lent RD$16.17 billion to small and medium-scale producers, considerably more than the RD$1.49 billion lent in 2013. <\/p>\n
Seguros Foster said that the loans have benefitted 30,958 farmers and small companies throughout the country. Defaults on loans, 14.2% in 2013, dropped to 10.7% in 2014, according to the administrator of the state agricultural bank.<\/p>\n
http:\/\/www.listindiario.com\/economia-and-negocios\/2015\/1\/19\/353158\/Administrador-Bagricola-dice-en-29-meses-gobierno-ha-prestado-a<\/p>\n","protected":false},"excerpt":{"rendered":"
In the 29 months since Danilo Medina took office, the government has financed around RD$33.8 billion worth of agricultural projects, coming close to achieving the four-year target of RD$40 million. In 2014 alone, according to Banco Agricola administrator Carlos Seguros Foster, speaking at a press conference at the Presidential Palace yesterday, Monday 19 Janaury 2015, … <\/p>\n