Private agricultural investments by small farmers reached 61.2 million dinars until the end of August 2019, according to a statement from the Ministry of Agriculture, Fisheries and Water Resources.
The number of investors is estimated at 8,053, including 588 women, i.e. 7.3% of the total.
The sources of financing for these investments are broken down into bank loans amounting to 0.5 million dinars, 24.5 million dinars in the form of grants from the Special Fund for Agricultural Development and Fisheries and 36.4 million dinars in the form of self-financing.
Private agricultural investments have involved several activities, namely agricultural irrigation with a total cost of about 30 million dinars, acquisition of agricultural equipment at a cost of 13 million, cattle rearing for 5 million and development of planting trees at a cost of 5 million dinars.
Regarding other activities, the total cost of erosion control and development of forests and pastures, was estimated at about 2 million dinars while private agricultural investments in areas rural areas were estimated at 3 million dinars.