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Iran's poultry and livestock farms receive government financing

Business Materials 30 May 2022 13:53 (UTC +04:00)
Iran's poultry and livestock farms receive government financing

TEHRAN, Iran, May 30. The Iranian government has approved to allocate of 20 trillion rials (about $4.7 billion) of bank advances with a 10 percent interest rate to poultry and livestock breeding farms, Trend reports citing IRNA.

The Central Bank of Iran will offer the advances as the working capital for the livestock and poultry farms.

Applicants have nine months to pay back advances, and the Planning and Budget Organization will guarantee the payment.

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