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Egypt - Repayment of poultry sector revival loans deferred

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  • Egypt - Repayment of poultry sector revival loans deferred

    Engineer Mohamed Reda Ismail, Minister of Agriculture and Land Reclamation, it was decided to postpone the repayment of loans which were disbursed during the crisis of the spread of avian influenza and scheduled to be paid in 3 years without interest, and noted that it was to cancel the decisions of imprisonment against latecomers to pay dues Development Bank under the decision of the Council of Ministers.

    He stressed the Minister of Agriculture, that is not pay compensation to those affected, but has been disbursed loans Ptiseerat bank designed not to damage Palmrbin, and totaling 34 million pounds, and pointed out that the State aimed at reviving the sector of poultry production through follow-up epidemiological situation in poultry farms, to make sure application of bio-safety rules aimed at curbing the spread of bird flu.
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