Minister of Agriculture and Food Industry Ion Sula said the farmers will have access to loans from Poland’s €100 million loan and from the loan “Moldova’s Orchard” in at most a month, IPN reports.

As to the loans from the Polish loan, the minister said the interest rate set at the level of 3% should be lower. “The Prime Minister asked that arguments should be presented in several days so that the Government could take a final decision. Now that we discuss reducing the interest rate, we will make effort for it to be decreased,” he stated.

Ion Sula said the subsidization regulations have been already worked out. The size of the subsidization fund is to be reviewed so that the farmers could benefit from this money. US$12 million will be provided by the World Bank for producers that sustained losses last year and the procedure for ratifying the lending agreement was already prepared.

The farmers who took part in a meeting with Ion Sula and Prime Minister Chiril Gaburici on March 13 demanded that the subsidization fund should be raised to 1.2 billion lei, while the interest rate on the loans from the Polish loan should be at most 1%.