Agricultural Credit Discount Fund – Agribusiness support credit line - Macedonian experience

Goran Kovachev

MPRA Paper from University Library of Munich, Germany

Abstract: The main objective of this study is to emphasize the importance of creating special governmental refinancing institutions targeted towards strategic economic sectors. Such institution in Macedonia is Agricultural Credit Discount Fund, a separate unit within the Macedonian Bank for Development Promotion that administers a credit line meant to support the agribusiness. As it is commonly known agriculture is one of the most important economic sectors of the country. The ACDF's 'modus operandi' is a guideline to every similar potential fund, having in mind that it creates prerequisites of sustainable financial investments and substantial growth. The outstanding portfolio performance, fulfillment of the objectives and good impact on stakeholders is strong confirmation to this claim.

Keywords: refinancing institutions; Agricultural Credit Discount Fund; Macedonian Bank for Development Promotion; agribusiness; sustainable financial investments (search for similar items in EconPapers)
JEL-codes: E51 G21 H81 Q14 (search for similar items in EconPapers)
Date: 2012-06
References: View complete reference list from CitEc
Citations:

Published in CEA Journal of Economics 1.7(2012): pp. 41-56

Downloads: (external link)
https://mpra.ub.uni-muenchen.de/44598/1/CEA_Journal_XIII%20Issue.pdf original version (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:44598

Access Statistics for this paper

More papers in MPRA Paper from University Library of Munich, Germany Ludwigstraße 33, D-80539 Munich, Germany. Contact information at EDIRC.
Bibliographic data for series maintained by Joachim Winter ().