The government of the Kolyma river will act as a guarantor on loans for farmers

© Flickr / Kirill AfoninВид to Magadan. Archival photoThe government of the Kolyma river will act as a guarantor on loans for farmers© Flickr / Kirill Afonin

Acting Magadan oblast Governor Sergey Nosov said that the regional government will act as a guarantor on loans to local farmers, said on Thursday the official website of the government of the Kolyma river.

«These risks are justified to us, because we need to support our Kolyma farmer, helping to compete successfully with the products that are imported to us from the continent», — quotes Nosov official website of the government of the region.

Explained that to the fore has addressed one of the Magadan farmers to help with obtaining loans for business development. According to the entrepreneur, banks are extremely reluctant to give loans. The acting Governor of the Kolyma river said that this matter he will do and believes that the regional government can take risks, acting as a guarantor on loans for the development of the leading farmers of the region.

«If our farmers need help, it will be provided by the regional government. Today we need to reconsider the approach to the distribution of subsidies for the agriculture sector of the Magadan region, to find ways to increase support to enable them to withstand competition. And it is also important to our active position in cooperation with the Federal government in this direction», — summed up Sergey Nosov.

Other news of the Magadan region read here >>

Source