Economy April 14, 2015 | 11:29 am

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State-owned bank helps farmers hurt by US fruit & veggie ban

Santo Domingo.- State-owned Reservas bank administrator Enrique Ramírez on Tuesday announced financial help for fruit and vegetable exporters hurt by the US ban, in the heels of the Med-fly detected in the east region last month.

He said Banreservas will adjust capital payments on loans to according to need, a measure Ramírez affirms will help fruit and vegetable growers and exporters, as part of Reservas’ policy to support the agro sector.

The official said bank executives have been holding meetings with gtowers of peppers, avocados, tomatoes, oranges and lemons, among others, to review claims.

Ramirez said Banreservas’ assistance will continue until the US Dept. of Agriculture lifts the ban in effect since mid March on 18 varieties of Dominican Republic fruits and vegetables from.

The fruit fly was detected near Punta Cana Airport, where it reportedly arrived on a flight from Peru.

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