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Agricultural Credit Discount Fund €“ Agribusiness Support Credit Line In Macedonia

Author

Listed:
  • GoranKovachev

    (Macedonian Bank for Development Promotion)

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 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.

Suggested Citation

  • GoranKovachev, 2012. "Agricultural Credit Discount Fund €“ Agribusiness Support Credit Line In Macedonia," Journal Articles, Center For Economic Analyses, pages 41-55, June.
  • Handle: RePEc:cmk:journl:y:2012:p:41-55
    as

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    File URL: http://journal.cea.org.mk/files/journals/1/articles/6/public/6-23-1-PB.pdf
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    References listed on IDEAS

    as
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    3. Predrag Bjelić & Danijela Jaćimović & Ivan Tašić, 2013. "Effects Of The World Economic Crisis On Exports In The Ceec: Focus On The Western Balkans," Economic Annals, Faculty of Economics and Business, University of Belgrade, vol. 58(196), pages 71-98, January –.
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