Ministry of Finance: do a good job in the establishment of agricultural credit guarantee system
According to the news on the 11th on the website of the Ministry of Finance, in view of the problems reflected by local consultations, in order to further clarify relevant policies and do a good job in the establishment of agricultural credit guarantee system, the Agriculture Department of the Ministry of Finance issued a supplementary notice on further doing a good job in the establishment of financial support for the establishment of agricultural credit guarantee system.
The circular said: it is necessary to step up the establishment of provincial agricultural credit guarantee institutions; agricultural credit guarantee institutions set up in whatever form should be independent market entities; agricultural credit guarantee systems must focus on agriculture; establish risk-sharing mechanisms and benefit-sharing mechanisms for agricultural credit guarantee institutions and cooperative banks; and strengthen supervision and inspection.
In addition, all provincial financial and agricultural departments should strengthen cooperation, pay close attention to the adjustment and improvement of the three agricultural subsidy policies, cash the subsidies that should be given to farmers into the hands of farmers as soon as possible, and do a good job in in-depth and meticulous propaganda and interpretation. strive for the understanding and support of grass-roots cadres and the peasant masses, and ensure the harmony and stability of rural society and the smooth convergence of policies.
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