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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.

Pays/Territoire
Indonésie
Type du document
Règlement
Date
1998
Source
FAO, FAOLEX
Source d'origine
Warta Cafi No. 9, 29 January 1999, pp. 3-14.
Sujet
Agriculture et développement rural
Mot clé
Développement agricole Exploitation agricole Mesures financières agricoles Crédit
Aire géographique
Asie, Asie et Pacifique, East Asian Seas, Océan Indien, Asie du Sud-Est
Résumé

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 and horticulture. Chapter II specifies the undertakings eligible for financing. Chapter III outlines tasks of banks extending KUT's. Chapter IV defines tasks and functions of cooperatives involved in extending credits, whereas Chapter V specifies requirements for farmer groups that may receive a KUT. Chapter VI provides for the amount of KUT t be extended and calculation of interest rates. remaining provisions concern procedures, tasks of other agencies, reporting, etc.

Texte intégral
Anglais