The Mayor of Mitrovica Municipality, Faton Peci, announced a significant financial commitment aimed at bolstering the agricultural sector. Specifically, Peci confirmed that one million euros will be allocated to compensate interest rates for farmers who secure investments through loans structured as grants across the years 2026 and 2027. During a statement delivered in the village of Vllahi, Peci highlighted the increased focus on agricultural support, noting that funding for the sector has risen by 58% this year.
He stated that a primary measure for both the current and upcoming years involves covering the interest expenses for farmers who plan to establish new plantations. Peci also addressed the development of the boronic plantain, an initiative he noted was established during his tenure as minister. However, he reiterated that the overarching goal of these subsidies is the creation of new agricultural land, with a particular emphasis on developing plantations within the Shala area.
The funding mechanism is designed to reduce the financial barriers associated with scaling up farming operations. By subsidizing interest payments, the municipal administration aims to encourage investment and diversification among local producers. The measures announced by Peci underscore a strategic effort to modernize and expand the agricultural base of the region by providing direct financial relief to those farmers who commit to planting new crops.
Topics: #peci #farmers #who