634 million lira grant was paid for rural development investments

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Lerato Khumalo

Minister of Agriculture and Forestry İbrahim Yumaklı stated that they made a grant payment of 634.3 million liras to producers and investors in July within the scope of the IPARD-III Program.

Yumaklı gave information about the payments in question in his post from his X account.

Stating that their support for rural development and producers continues to increase, Yumaklı said, “Within the scope of the IPARD III Program, we transferred a total of 634.3 million lira grant payment to the accounts of our producers and investors in July. May it be beneficial and fruitful to all our entrepreneurs who develop the countryside and add strength to production.” made his assessment.

According to the information provided in the post, 514 million 996 thousand lira support was provided for investments in the physical assets of agricultural enterprises, 72 million 270 thousand lira for diversification of farm activities and business development, 39 million 427 thousand lira for investments in physical assets related to the processing and marketing of agricultural and fishery products, and 7 million 602 thousand lira support was provided within the scope of the LEADER approach and implementation of local development strategies.