Categories: Economy

Farmer’s debt doubled in a month

Farmer’s debt doubled in a month

Noting that the agricultural sector’s debts to banks are constantly increasing, CHP Niğde MP Ömer Fethi Gürer said that the agricultural sector’s debts to the banking sector increased to 363.4 billion lira in February.

LOAN CREATED BY PRIVATE BANKS

Gürer noted that 297 billion lira of the agricultural sector’s debts are with public banks and 66.4 billion lira with private banks.

DECREASED GRAIN PRODUCTION

Noting that the self-sufficiency rate in almost all agricultural products has decreased in Turkey, Gürer said, “The grain produced by Turkey in the 2021-2022 marketing year was able to meet 80 percent of its needs. This rate decreased to 87.3 percent in wheat, 66.8 percent in barley and 76.7 percent in corn. The coverage index decreased 17.1 points in total grains, 15 points in wheat, 30.3 points in barley and 8.3 points in corn with respect to the previous period.

Source: Sozcu

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