www.mediafax.ro/economic/credite-cu-dobanda-de-19-

The Ministry of Agriculture is developing two new credit mechanisms for farmers, offering fixed-rate loans and state-covered fees. Minister Florin Barbu announced these initiatives during the AGRI4FUTURE Romania conference, aiming to ease farmers' access to financing amid rising banking costs. The proposed loans would have a fixed interest rate of 1.90%, with fees covered by the ministry for five years. Barbu emphasized the importance of collaboration between banks and farmers to identify financial difficulties early. He also highlighted the need for investment planning and the integration of agricultural sectors to enhance food security and economic stability in Romania. Additionally, the ministry plans to continue investments in irrigation infrastructure to mitigate drought effects, with potential for increased agricultural production.