AGRICULTURAL CREDIT DISCOUNT FUND â€“ AGRIBUSINESS SUPPORT CREDIT LINE IN MACEDONIA
AbstractThe 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 importanteconomic 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 outstandingportfolio performance, fulfillment of the objectives and good impact on stakeholders is strong confirmation to this claim.
Dimovska Efimija â€“ Bringing Finance to Rural People-Macedoniaâ€™s Case (working paper); EastAgri Annual Meeting; Istanbul, 2010
Macedonian Bank for Development Promotion, data from internal sources
Official Gazette of Republic of Macedonia, No. 47/1996, 7/1997, 58/1997, 107/2000, 4/2002 and 102/2008
UtrinskiVesnik, No. 866 of April 26th, 2012