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Farmers given loans to plant unused lands

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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