EghtesadOnline: Out of the 15 trillion rials ($325 million) earmarked for agricultural mechanization in the current Iranian year that started on March 21, 2017, 598 billion rials ($130 million) have been paid to farmers to renew their machinery and equipment, the head of Agricultural Mechanization Expansion Center with the Agriculture Ministry announced.

EghtesadOnline: The government will invest about 15 trillion rials (nearly $395.5 million) in agricultural mechanization in the current Iranian year (March 2017-18), 25% more compared with last year’s investment, the head of the Agricultural Mechanization Expansion Center with the Ministry of Agriculture announced.

EghtesadOnlie: The agricultural mechanization coefficient in Iran presently stands at 1.5 horsepower per hectare, which is expected to increase to 2.1 hp/ha by the end of Hassan Rouhani’s second presidential term (August 2021), the head of Agricultural Mechanization Expansion Center with the Ministry of Agriculture.