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Expenditure on Agriculture authorized to grant interest on loans guaranteed by SAECA for 106 beneficiaries

LOGROÑO, June 8 (EUROPA PRESS) –

The Governing Council has authorized the Ministry of Agriculture, Livestock, Rural World, Territory and Population for the approval of the expenditure corresponding to the aid destined to the interest reduction of the loans guaranteed by the Sociedad Anónima Estatal de Caución Agraria (SAECA) to owners of agricultural holdings in La Rioja affected by various adverse weather events in 2019 for an amount of 186,882 euros.

The distribution is made as follows: 53,020 euros in each of the 2021 and 2022 annuities; 40,156 euros in 2023, 27,034 euros in 2024 and 13,651 euros in 2025.

The Ministry of Agriculture, Livestock, Rural World, Territory and Population considers it necessary to implement these aids in order to meet the specific credit needs to which agricultural holdings are subjected.

The adoption of these exceptional measures is motivated by the strategic importance of the agricultural sector in La Rioja and the sensitivity to climatic factors that negatively affect the countryside and can put the viability of some agricultural and livestock operations at risk.

These are minimum subsidies -regulated by RD 507/2020 and order ATP / 3 / 2021- for the interest reduction of loans guaranteed by SAECA, up to a maximum of two percentage points, during the first five years included in the repayment term of the credit and at most until December 31, 2025. The measure is part of the line of aid to alleviate crisis situations in agricultural or livestock farms, regulated by the ordinance of the Autonomous Community of La Rioja, through direct award grants. 111 applications have been submitted, of which 106 meet the requirements to be beneficiaries of the aid.

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