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Tunisia: Accredited Personal Agricultural Funding Down 9.6 % Finish of Might

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Tunis — The worth of personal agricultural investments accepted by the Agricultural Funding Promotion Company (French: APIA) fell 9.6% to TND 118.9 million throughout the first 5 months of 2024 in contrast with the identical interval in 2023, reads a report revealed Wednesday by APIA.

In contrast with the primary 5 months of the 2018-2022 interval, personal agricultural funding edged down 53.5%, serving to create 960 everlasting jobs.

Accredited investments for younger folks stood at TND 17.3 million. Accredited funding operations for communitarian firms totalled TND 1.3 million, whereas investments with overseas participation amounted to TND 3.5 million towards TND 0.3 million throughout the first 5 months of 2023.

A complete of TND 39.1 million in subsidies was allotted for accepted investments, that’s 32.9% of the funding quantity. Subsidies for the acquisition of agricultural tools stood at TND 14.4 million (44.8% of all subsidies).

The credit score fee fell to 27%. Accredited investments in photovoltaic tools rose to TND 3.3 million with TND 1.7 million in subsidies.

Regional growth investments shrank to TND 4.4 million in contrast with TND 5.2 million within the first 5 months of 2023.

Grant Committees accepted 11 land loans value TND 1.6 million down from 19 value TND 3.1 million in 2023. These loans are anticipated to assist embody 84 hectares of land into the financial cycle.

Personal agricultural investments reported over the primary 5 months of 2024 amounted to TND 604.7 million, down 7% on the identical interval in 2023, and up 0.6% in contrast with the primary 5 months of the 2018-2022 interval.



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