Monsoon agricultural funds disbursed in Ngape Township

Ngape 18 August

            The Myanmar Agricultural Development Bank in Ngape Township continues the disbursement of monsoon agricultural funds to farmers in Chaungpyu village-tract in Ngape Township, Minbu District, Magway Region on 18 August.

            First, a bank official clarified the interest rate and rules and regulations that eligible farmers must follow. Then, the officials from the bank disbursed K 170 million to 107 farmers from Zeetaw village-tract for 320 acres of paddy and 296 acres of other crops for monsoon cultivation. So far, the farmers from 17 village-tracts have received monsoon cultivation funds and disbursements for other village-tracts will continue.

Ma Yu (Ngape)

Translated by Suyee