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Regulation of the Cabinet of Ministers No. 108 amending the Cabinet of Ministers of September 15, 2009 Cabinet Regulation No. 1065 "Detailed rules on loans (micro), small and medium economic operators and agricultural and forestry services for promoting the development of cooperative societies".

Country/Territory
Latvia
Document type
Regulation
Date
2023
Source
FAO, FAOLEX
Subject
Agricultural & rural development, Forestry
Keyword
Cooperative/producer organization Subsidy/incentive Agricultural development Credit Financial agricultural measures Forest management/forest conservation Public forest
Geographical area
Europe, Europe and Central Asia, European Union Countries, Northern Europe
Abstract

In order to provide financing for the granting of the loan within the framework of this regulation, the company "Altum" additionally attracts a state loan of up to 110,000,000 euros in accordance with the regulatory enactments on the procedure for issuing and servicing state loans, without applying the loan risk interest rate. The company "Altum" can attract additional resources from international financial institutions or financial markets up to 75,000,000 euros for granting a loan. Loans issued within the framework of this regulation can be financed from the resources mentioned in this clause and from the resources mentioned in clause 5 of this regulation.

Full text
Latvian
Website
www.likumi.lv

References - Legislation

Amends

Cabinet Regulation No. 1065 "Detailed rules on loans (micro), small and medium economic operators and agricultural and forestry services for promoting the development of cooperative societies".

Legislation | Latvia | 2009 (2010)

Keyword: Cooperative/producer organization, Subsidy/incentive, Agricultural development, Financial agricultural measures

Source: FAO, FAOLEX