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The Central Bank Arranges An Increase Of 10 Billion Yuan For The Reloan Of The Agricultural Branch

2011/2/23 16:28:00 63

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In order to implement the spirit of the teleconference of grain production in the State Council and the arrangements for the drought prevention work of the Executive Council of the State Council, we should co-ordinate the financial services of the spring ploughing and farming projects in the affected areas, and increase the financial support for drought relief in key areas. Recently, the people's Bank of China issued the "arrangements for increasing support for agriculture".

loan

To support the key areas in the spring drought and drought relief financial services notice (hereinafter referred to as the "notice"), Shandong, Henan, Hebei, Shanxi, Anhui, Jiangsu, Shaanxi, Gansu and other 8 provinces severely affected by drought have increased the amount of 10 billion yuan to increase the amount of loans to support agriculture.

According to the notice, the branches of the people's Bank of China should be subordinate to

Economic society

We should fully understand the importance and urgency of the current drought relief work and make every effort to do a good job in the financial services for drought relief and disaster relief. We will strongly support the steady increase in grain production and strive to win summer grain and a good harvest of agriculture throughout the year.

In depth research, strengthen communication and coordination with relevant local authorities, find out the situation, and accurately grasp the credit of the spring ploughing and drought relief within the jurisdiction.

capital

Demand.

We should strengthen guidance, increase investment, and provide timely support to the rural credit cooperatives in disaster stricken areas to expand the demand for reasonable funds for the credit of spring ploughing and drought relief.

We should actively encourage and guide financial institutions to timely issue loans for seed production, chemical fertilizers, pesticides and other spring ploughing and preparation of agricultural means of production, and effectively increase credit for rural infrastructure construction, such as irrigation and water conservancy, drought relief, and disaster relief.

The notice stressed that the branches of the people's Bank of China should be strictly managed, strengthen monitoring and evaluation of the investment and policy effects of supporting agriculture and reinvest loans, and earnestly safeguard the security of credit for supporting agriculture and refinancing loans.

At the same time, we should continue to do a good job in the follow-up monitoring and evaluation of special bills for rural credit cooperatives reform, and urge rural credit cooperatives to improve their management and management, adhere to prudent and prudent management and enhance sustainable development capacity.