​The government on Thursday adopted an emergency decree, according to which agricultural producers affected by the drought, who have entered into credit and leasing contracts, will be able to demand the suspension of payments from banks, the spokesman of the executive branch, Mihai Konstantin, said. Thursday. The act submitted for discussion by the Ministry of Agrarian Policy concerns the possibility of postponing the installment until December 31, 2024 and was approved by the BNR, Kostyantyn noted.

The law, which aims to introduce a moratorium under which farmers with bank loans affected by the drought can suspend payment of contributions for up to one year, was on the government’s agenda on Thursday and came after a final opinion from the Ministry of Justice.

• SEE THE DRAFT OF THE MINISTRY OF AGRICULTURE

Last week, the law was under consideration and on the agenda of the Government, but then the opinion of the BNR was expected, which was provided in the meantime, according to the spokesperson of the Government.

• “The regulatory act provides for the recognition of the soil drought of 2023 as an adverse meteorological phenomenon, equated with a natural disaster in agriculture, as well as a moratorium on credit or leasing contracts of agricultural producers for the period until December 31, 2024, according to which. offers the deferment of certain contractual obligations of debtors, respectively agricultural producers affected by soil drought, who may ask creditors to suspend obligations to pay accumulated outstanding debt, as well as due payments related to the loan, which are capital contributions , interest and fees granted to debtors.
• The beneficiaries of this emergency order are agricultural producers who have entered into credit agreements, respectively leasing with credit institutions or non-bank financial institutions, and for which the creditor has not declared the expected repayment period before the entry into force of this emergency order,” the government announced on Thursday.

The obligation to pay the debt of farmers accumulated in banks and/or leasing companies, which is repaid in 2023 to banks, can be suspended at the request of the debtor for a period of one month to 12 months, according to the project. at the discussion of the Ministry of Agriculture. On Friday, the document reached the table of bankers, it will be analyzed and comments will be sent.

Agricultural producers affected by the soil drought will be able to demand from the banks the suspension of obligations to pay accumulated outstanding debts, as well as due payments related to loans, which are capital contributions, interest and fees granted to debtors.

The beneficiaries of this emergency order are agricultural producers who have concluded credit agreements, respectively leasing agreements with credit institutions or non-bank financial institutions, and for which the creditor has not announced the expected repayment period before this emergency order comes into force.

At the same time, the provisions of this regulatory act will help debtors whose incomes have been directly or indirectly affected as a result of a serious situation caused by a natural disaster in agriculture caused by soil drought, i.e. debtors submit to creditors a protocol of ascertainment and assessment of losses, concluded in accordance with the order of the Minister of Agriculture and Rural Development and Minister of Internal Affairs no. 63.97.2020.

• Read also: The government is preparing a moratorium, due to which farmers with bank loans affected by the drought will suspend installments for at most one year / The document is analyzed by bankers

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