Currently, there is a support programme where the Ministry of Agriculture, Water and Land Reform is in collaboration with Agribank where a no collateral loan of an amount of N$ 200 000 is available for all resettled farmers who opt to make use of the facility

Well, of course, the '78 crops haven't been planted, except for winter wheat. You know, I'm a farmer, and Senator Talmadge is a farmer. Bob Bergland is a farmer. We have a genuine problem. I would say that in the last 5 years that the cost of producing most crops has increased a hundred percent, certainly as far as equipment prices, energy prices, fertilizer prices is concerned. At the same time, most commodity prices have increased very little, if at all. The debt that farmers now hold has increased rapidly. The amount of reserve finances in country banks is down below the historical averages. We do have a good bit of flexibility within the 1977 agricultural act that the Congress passed and I approved last year. We have large reserve supplies of feed grains, food grains carried over. There's no way to predict what the weather will be this year. We've already initiated a moderate set-aside program at some substantial cost to the Government. And we have about 6 or 7 billion dollars in increased payments authorized to the farmers, because of higher target prices and support prices. What else needs to be done at this point I haven't decided. The impact of the new farm legislation has not yet been felt on the agricultural community of our country. It only went into effect the first day of October, and of course, it hadn't gone through a crop season yet. I think there will be some benefit at least from that. I don't see any possibility of lower prices for fuel, nor for fertilizer. I think that there's going to have to be a sober assessment by the farmers themselves of economic circumstances now and in the future. I live and have always lived among and with farmers. My people have been in-my Carter family has been here over 300 years—we've all been farmers, every generation of us. And it's a characteristic of many farmers to spend this year what you made last year. And I think there's been an inclination with the limited acreage to have a heavier and heavier investment in equipment that's very costly. At the same time, of course, yields have gone up. In the long run, the food and feed demands with a fixed or dwindling acreage supply will correct the problem. But at the present time, we have an excess surplus on hand, and as you've shifted from the smaller tractors and livestock cultivation to the very large tractors, you've cut out the windrows and, in effect, you've gone to a fence-to-fence operation. This has amounted to about, I think, a 50-million acre increase in the land being cultivated. So, with our present set-aside program and the present farm program, we have a step in the right direction. And we will assess other factors, the carryover crops, prospective worldwide production for this 1978 year, the lending capability of farm banks, the amount of debt carried over—we'll analyze all those factors and decide whether to use the flexibility in the present law or to ask for additional legislation. We have not yet decided.

A comparative analysis of the General Appropriations Bill (GAB) will similarly show that a total of P19,827,233,000 was realigned within and among the agencies. Total New Appropriations still stands at P1.862 trillion, at exactly the same level as the FY 2015 NEP.

• Additional P816.229 million for the Philippine Crop Insurance Service which will now total P2 billion;

The largest debtor owes money in a currency that it prints. Its leaders are judged in 4 years but borrow for 30. Incentives are everything.

...any farm, on which a bond is registered after December 2017, will not be paid by our government. The bond system is anyway a criminal syndicate, ... We have no respect for banks, because they are run by criminals.

Here is the , 2008... the assets of the Federal Reserve is under $1 trillion... and within weeks you have more than a doubling of the assets of the Federal Reserve, and then comes 2 and... 3 and by that time you're at $4 1/2 trillion... and then... comes the Covid crisis and we're up to $7 trillion. Now... that kind of a Capitalism is unsustainable. ...[N]o wonder that there is asset inflation as a consequence... and the stock market went through the roof.

Every one hundred naira Nigeria earns, ninety-six kobo is to pay debt.

however much such loans may temporarily relieve the situation, the Government is still indebted for the amount of the surplus thus accrued, which it must ultimately pay, while its ability to pay is not strengthened, but weakened by a continued deficit.

There is a need for an agribusiness desk which ensures that farmers get timely loans.

The problem with our (national) debt is it has already touched RM1.2 trillion and if liabilities are included, the debt is RM1.5 trillion.

The minimum amount we lend is Sh5m and the maximum, Sh200m but all is not cast in stone.

Although this money is not a grant but a revolving fund, it is intended to assist the 39% of Ugandans who are actively poor, not the wealthy. However, those receiving the funds must ensure they use it responsibly and repay it, so it can continue to benefit many others.

Foreign debts. About $12,000,000,000 is due to our Government from abroad, mostly from European governments. Great Britain, Finland, Hungary, Lithuania and Poland have negotiated settlements amounting close to $5,000,000,000. This represents the funding of over 42 per cent of the debt since the creation of the special Foreign Debt Commission. As the life of this commission is about to expire, its term should be extended. I am opposed to the cancellation of these debts and believe it for the best welfare of the world that they should be liquidated and paid as fast as possible. I do not favor oppressive measures, but unless money that is borrowed is repaid credit can not be secured in time of necessity, and there exists besides a moral obligation which our country can not ignore and no other country can evade. Terms and conditions may have to conform to differences in the financial abilities of the countries concerned, but the principle that each country should meet its obligation admits of no differences and is of universal application.