INTEREST-FREE SIX-MONTH POSTPONEMENT FOR FARMERS' LOANS PROVIDED...


Turkey provided interest-free six-month postponement for farmers' loans amid the coronavirus pandemic, the treasury and finance minister announced on April 28.

"Thus, we offer our farmers the opportunity to postpone approximately 6 billion Turkish liras ($858.1 million) debt," Berat Albayrak said on Twitter.

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He said for the past 18 years, the government has always stood by farmers and mobilized its possibilities. Today, the government backs farmers again against the COVID-19's effects, he added.

The country also supports several sectors and citizens with salary payments, tax postponement or discounts, and loans with a low-interest rate.

After originating in China last December, COVID-19, the disease caused by the coronavirus, has spread to at least 185 countries and regions across the world. Europe and the US are currently the worst-hit.

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