Tanzania: Govt Pushes for Low Agri-Loan Interest Rate

THE Ministry of Agriculture targets to lower agri-related loan interest rate to less than 10 per cent to boost the sector and uplift people's wellbeing.

The ministry said great strides had been made after the average rate dropped from 22 per cent to current 13 per cent and the goal was to see farmers were lent low interest loans.

...

AllAfrica publishes around 400 reports a day from more than 100 news organizations and over 500 other institutions and individuals, representing a diversity of positions on every topic. We publish news and views ranging from vigorous opponents of governments to government publications and spokespersons. Publishers named above each report are responsible for their own content, which AllAfrica does not have the legal right to edit or correct.

Articles and commentaries that identify allAfrica.com as the publisher are produced or commissioned by AllAfrica. To address comments or complaints, please Contact us.