Green light for interest compensation project Enhance liquidity for farmers “Raising small-scale pigs and egg-laying chickens in 2023” | FM91

2023-10-08 19:08:42

Green light for interest compensation project Enhance liquidity for farmers “Raising pigs and laying hens on a small scale, year 66”

(Oct. 8, 2023) The Ministry of Commerce revealed that the “Interest compensation project to enhance liquidity for farmers who raise egg-laying chickens and pigs in 2023” has been approved by the Mutual Fund Management Committee to Assist Farmers (OCT. ) already

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For those who receive interest compensation in this project, they will receive interest compensation of not more than 3% per year, up to a maximum of 6 months, with a total loan amount of 2,000 million baht, namely farmers who raise egg-laying chickens and pigs. Micro-small-medium size:
– Raising not more than 100,000 laying hens.
– Raising not more than 5,000 pigs

Benefits that farmers will receive:
– Reduce interest burden from borrowing from commercial banks/state banks.
– Helps enhance liquidity Relieve the burden of production costs for pig and egg-laying farmers who are affected by increased production costs from climate change. and epidemics in animals
– Create a balance in quantity and price for consumers. Aiming at maintaining stability in the price of chicken eggs and pork to an appropriate level

Credit: Thai Khu Fa page

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