16:31 - 12.08.2026

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August 12, Fineko/abc.az. During the January-July period of this year, the Agricultural Credit and Development Agency (AKIA) under the Ministry of Agriculture disbursed 66.5 million AZN in soft loans and leasing funds based on 3,922 applications from agricultural producers.

Additionally, 80 million AZN in state subsidies was allocated to fulfill 4,486 applications for purchasing agricultural machinery and technological equipment.

Key Support Highlights:

• Equipment Financing: Funds were directed towards irrigation systems and a total of 6,987 units of agricultural machinery.

• Machinery Breakdown: The delivered equipment included 37 harvesters, 1,510 tractors, and 5,440 units of other agricultural machinery.