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Farmers given loans to plant unused lands |
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Thursday, 19 June 2008 |
 As part of a campaign to reclaim
once fertile farm lands, the government granted “soft loans” to
Mongolian farmers on Wednesday.
One billion MNT will be issued
as trust credits to farmers of Kharkhorin soum of Ovorkhangai aimag.
The Minister of Food and Agriculture
seeks, with these loans, to encourage cultivating land no longer farmed
in Kharkhorin. Four hundred farmers will be provided loans from this
region.
Prior to the end of communism
in 1990, Kharkhorin soum produced 30 thousand tons of crops and 20 thousand
tons of flour per year.
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