Until the end of 2025: Guarantee for farm loans increasing from 50% to 80%?

One of the strategic topics raised by the National Sheep and Goat Breeders Association (NSGB) at the meeting with the Prime Minister and the Minister of Agriculture was the cooperation and access to financing for producer groups and organizations. Here are the decisions following the meeting. The Guarantee Fund: From 50% to 80% coverage Karakolev confirmed that the proposal of the NSGB was accepted: "The Guarantee Fund will no longer provide 50%, but 80%. This applies to all beneficiaries with approved projects who want financing. Anyone with a project can go to the bank and 80% of the project's value will be guaranteed to them. This was our proposal, which was successfully incorporated into law and is awaiting approval from the Ministry of Finance. It should be a fact by the end of the year," assured Karakolev. He emphasized that this is critical for livestock farmers: "Livestock farmers are in dire need of liquidity. Nobody is financing them. This change is a huge step for these ...