ANNOUNCED AS TEMPORARYNo
Interest payment subsidy
On 16 April 2020, the Serbian government announced a 1.45 billion dinar (approximately $13 million US dollars) program of interest rate subsidies to the Serbian farmers. Both plant growers and animal farmers are eligible. The loans are to cover investment costs and are disbursed in the framework of the government's plan of economic action to mitigate the negative consequences of the COVID-19 pandemic. The interest rate charged depends on the type of the farm, and averages around 4.3%.
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