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Decree Law No.8 of 2015 on the Palestinian Agricultural Lending Institution.

Country/Territory
Palestine
Document type
Legislation
Date
2015
Source
FAO, FAOLEX
Subject
Agricultural & rural development
Keyword
Institution Subsidy/incentive Agricultural development Policy/planning Public participation
Geographical area
Asia, Mediterranean, Middle East, Western Asia
Entry into force notes
This Resolution enters into force on the date of its publication in the Official Gazette.
Abstract

This Resolution consisting of 24 articles aims at establishing the Palestinian Agricultural Lending Institution dependent on the Cabinet. Tasks of this institution are: granting loans to farmers and companies operating in the agricultural sector; encouraging the farmers to establish agricultural projects and projects for agricultural products processing also contributing to the corporates capital for a maximum of 15%; preparing studies on the economic and technical feasibility of the projects and their evaluation; and investing in the development of the agricultural sector and related activities. The management of this Institution is under the responsibility of a Council of 13 members, including the President. The Council has the following powers: draw and approve policies; open branches and offices; define terms and objectives of the loans; other financial activities of the Institution.

Full text
Arabic
Website
www.lab.pna.ps