OVER BGN 50 M EARMARKED FOR ALTERNATIVE AGRICULTURE

Business | September 1, 2002, Sunday // 00:00

More than BGN 50 M will be released for developing of alternative agriculture in the Rhodope Mountain under a Program for Alternative Agriculture Development. The farmers in the region are to apply for the funding at the district units of Agriculture Fund. This was announced by Agriculture Minister Dikme before he left for Johannesburg. Over BGN 10 M will be released for the crop next year under the program, with BGN 500,000 already provided. Minister Dikme expressed the opinion that the agriculture producers in the Rhodope Mountain must turn to other produce besides tobacco. Agriculture Fund finances the program through investment programs and credits. The budget of Agriculture Fund for investment credits is expected to exceed BGN 100 M.
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