The decision causing concern in the agricultural sector has been canceled.

Published 2025년 10월 30일

Tridge summary

Evaluating the decision to cancel the increase in agricultural loan interest, Mersin Chamber of Commerce and Industry (MTSO) Board President Hakan Sefa Çakır said, "Reversing this decision, which would have harmed our farmers struggling with climate change, water scarcity, and high input costs, is extremely appropriate."

Original content

Evaluating the decision to cancel the agricultural loan interest rate increase, Mersin Chamber of Commerce and Industry (MTSO) Board Chairman Hakan Sefa Çakır said, "This decision, which would have harmed our farmers struggling with climate change, water scarcity, and high input costs, is extremely appropriate to reverse." With the presidential decree published in the Official Gazette on October 24, the regulation stipulated that the credit limits for treasury-supported subsidized agricultural loans used by Ziraat Bank, Agricultural Credit Cooperative, and Ziraat Participation remained the same, while interest rates were increased. This situation would have led farmers to pay higher interest on loans they would use in 2026. MTSO Chairman Hakan Sefa Çakır noted that the cancellation of the decision was a positive development for the agricultural sector, stating, "We immediately conveyed the grassroots' voices and reasons to the authorities. Many institutions and organizations ...
Source: Kamu3

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