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December 11, 2022
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Banco Agrícola will manage close to 10,000 million pesos

Banco Agrícola will manage close to 10,000 million pesos

The administrator of the Agricultural bankFernando Durán, said that the year 2022 “has been very prosperous for agriculture” and assured that in the period of government of President Luis Abinader they have around 58,000 million pesos formalized in terms of financing.

He added that, of these resources, around 20% has been zero rate.

“The important thing is that in fresh resources, the Agricultural bankSo far in the government of President Luis Abinader, it has received almost 15,000 million pesos of fresh resources for financing,” Durán said when interviewed by Diario Libre.

In addition, he said that they are being inserted in the acquisition of international resources. “We have two operations: one with the Central American Bank of Investments and another with the Inter-American Development Bank”.

He said that these two operations amount to almost 10,000 million pesos that will put him at disposition of the producers next year 2023.

He indicated that “by the year 2023 we will continue working hard so that the dominican food system continue to develop and contribute to the nutrition of the Dominican people under suitable conditions so that both producers benefit from good profitability, as well as the consumer from prices and availability of sufficient and adequate food”.

He added that: “the Agricultural bank It has made available the resources and has been able to guarantee financing for almost all groups.”

New production areas

He said that new areas have been opened, such as the sectors sheep-goatthe aquaculturehave been financing fruit growing.

“When there have been problems atmospheric phenomena We have taken advantage of this opportunity to renew many cocoa plantations in the country with new resources. Also, with coffee and mango, ”he said.

“With rice, now there is enough stored rice, we have surplus chicken production, we have around five million pounds of pledged chicken meat, we have good egg production. In a general sense, the Dominican field has great dynamism at the moment,” he said.

He added that the producers have understood that agriculture is an opportunity In economic terms.

Graduated in social communication at O&M University. He completed a Master’s Degree in International Trade at the CEUPE European Postgraduate Center, he has several diplomas in economics, customs, the electricity sector, taxes and investigative journalism.

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