Azeri Cabinet of Ministers Confirmed Rules of Providing Financial Assistance to Manufactures of Agricultural Products

Business Materials 19 February 2007 14:50 (UTC +04:00)

The Cabinet of Ministers of Azerbaijan confirmed the rules of providing material assistance for fuel and motor oil to the manufactures of the agricultural products, a Government source informed Trend.

The farmers will receive AZN 40 for each ha of the land to cover 50% of the expenses on the fuel. In addition, 50% of the cost of the chemical fertilizers purchased in line with JSC Agrolizing will be purchased.

It was decided to create a Republic Commission chaired by the Agriculture Minister, Ismet Abbasov. The Commission also included department chiefs of the Ministry of Economic Development, Finance Ministry, State Statistics Committee, Deputy Chairman of Kapital Bank, Yashar Mammadov and Deputy Chairman of Agrolizing, Elchin Mirzoyev.