The 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...

In countries where agriculture has substantial role in generating domestic product, sustainable agro-finance can seriously increase economic development. It is well known that agriculture is perceived as risky to be financed by commercial banks. Therefore, creating specific agro-credit lines...

Agriculture and rural development are one of the key pillars of the European Union. Macedonia as a country candidate for joining EU is entitled to financial premises of the European Instrument for Pre-Accession Rural Development (IPARD). The importance of agriculture and rural development for...