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The Ministry of Finance plans to exclude farmers from the Consumer Credit Act

21:59

The Ministry of Finance plans to exclude farmers from the Consumer Credit Act
Source: Pixabay

The Ministry of Finance plans to exclude credit agreements with farmers from the Consumer Credit Act due to interpretational uncertainties, leading to banks halting lending to farmers. Proposed changes to consumer credit law and the Civil Code are expected to be addressed by the government in Q1 2024.

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