ERBIL — The Kurdistan Regional Government (KRG) has launched an initiative to help farmers buy agricultural equipment on a long-term payment installment scheme in an attempt to strengthen the farming and agriculture industry in the Region.
Minister of Agriculture and Water Resources Begard Talabani in a news conference this week said the government has launched an initiative whereby Kurdistan's farmers can buy farming and agriculture equipment on a long-term payment installment scheme.
As a first step, the government gave two tractors to two farmers in the Region on a long-term payment installment scheme. Other equipment will also be made available for purchase in later stages.
To foster economic diversification in Kurdistan, the government is proactively strengthening the agricultural sector through a range of initiatives. These efforts include addressing water scarcity challenges, introducing incentive programs, and encouraging and facilitating the export of agricultural goods, including potatoes, pomegranates, rice, sumac, and most recently, tomato paste.