The value of private agricultural investments reported at the end of August 2023 increased by 8.25% to TND 873,595 million, compared to TND 807,005 million in the same period of 2022, according to the “Figures of the Month” bulletin published on Monday by the National Observatory for Agriculture (ONAGRI).
However, the value of approved private agricultural investments fell by 25.36%, from TND 383,215 million at the end of August 2022 to TND 286,027 million at the end of August 2023.
Equipment accounts for 63% of total approved investments, followed by buildings (10%) and vehicles (8.4%).
According to the same source, self-financing fell by 25.8%, bank loans by 30% and investment grants by 20%.
The number of land loans granted decreased by 23% and the value by 22% to 26 loans and 4359 thousand dinars respectively.