Head of State approved 220 billion bolivars to finance small and medium-sized producers

“We don't have to wait until 2025, we're going to activate this once and for all,” said the head of state
Presidential Press

Published at: 17/04/2024 07:48 PM

This Wednesday, April 17, the President of the Republic, Nicolás Maduro, approved 220 billion bolivars to the Southern Agricultural Conglomerate (AGROSUR), with the purpose of financing small and medium-sized producers throughout the country during the next production cycle.

He considered that we cannot wait for the Presidential Elections on July 28, “we don't have to wait for the year 2025, we are going to activate this once and for all”.

The information was provided in Araure, Portuguese state, on the occasion of the inauguration of the First National Meeting ExpoVenezuela Produce 2024, where he stated that this investment is the product of the Q7 debate.

He also reported that he issued instructions to the Minister of People's Power for Finance, Delcy Rodríguez, for the immediate creation of a new national agricultural portfolio for livestock development.

To implement this measure, it approved resources for 1 billion bolivars, which “must be available immediately, as seed capital, I say, providing resources for two sources of necessary funding.”

Mazo News Team