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Decision of the Board of Executive Directors of the Bank of Indonesia No. 31/164/KEP/DIR regarding farm business credits.

Country/Territory
Indonesia
Document type
Regulation
Date
1998
Source
FAO, FAOLEX
Subject
Agricultural & rural development
Keyword
Agricultural development Farming Financial agricultural measures Credit
Geographical area
Asia, South-Eastern Asia
Abstract

Bearing in mind the Letter of the Minister of Finance on distribution of interest on farmers business credits and the importance of improving supply of working capital to cooperatives and other farmers groups, in order to support investment in production of food, the Board of the Bank of Indonesia issues the present Decision. A credit, named KUT, shall be extended through operating banks, to farmers associated in farmer groups in order to finance increase in production of rice, secondary crops a

Full text
English