03 August 2022 - 15:12

Key measure of Central Bank in targeted financing in field of contract farming

We will help development of private sector by implementing important plan of chain financing of agricultural sector in field of contract farming, governor of central bank said.
News ID : 140012

IBENA- At unveiling ceremony of chain financing map in agricultural sector, Ali Saleh Abadi, governor of Central Bank, stated that development of chain financing plan requires cross sectoral cooperation, emphasized: implementation of this plan in agricultural sector as moving from a traditional system to a modern system.

Therefore, by implementing this important project in field of contract farming, we will help development of private sector. At the same time, targeted funding will be seen, which is a very important achievement, he also considered agricultural sector to be the most private sector of economy and said.

As positive assessment of the measures that have been taken so far in chain financing, Saleh Abadi said: We started this measure by cooperation of Ministry of Industry, Mine and Trade, which is currently being implemented in agricultural sector.

Governor of Central Bank emphasized that proper planning in this sector is Necessary for success and continued: In this project, education sector is very important, and our suggestion is to start this process in institution of banking education for beneficiaries.

According to his speeches, legal infrastructure for better development of the should also be provided, and Ministry of Agriculture will follow the issue.

author: Mirmasoumi
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