IFAD provides aid for Cambodia’s farmers
The International Fund for Agricultural Development (IFAD) will provide a
17.5 million USD loan and a 17.5 million USD grant to Cambodia to help
the country improve agricultural productivity and diversify the sources
of farmers’ incomes.
The International Fund for Agricultural Development (IFAD) will provide a
17.5 million USD loan and a 17.5 million USD grant to Cambodia to help
the country improve agricultural productivity and diversify the sources
of farmers’ incomes.
The agreement was signed by IFAD President Kanayo Nwanze and Cambodia ’s Secretary of State for the Economy and Finance Ministry, Aun Moniroth in Rome on June 8.
According to IFAD’s press release, the project will benefit approximately 90,000 rural households in the five provinces of Kampot, Kandal, Prey Veng, Svay Rieng and Takeo.
Farmers with no access to land or whose land is not suitable for cultivation, rural young people and households headed by women will be prioritised.
As part of the project the farmers will learn how to access new technologies and markets. The innovative training package will include improved production and marketing techniques and how to set up links between farmers and agricultural wholesale markets.
First established as an international financial institution in 1977 with its headquarters in Rome , the IFAD is dedicated to wiping out rural poverty in developing countries.-VNA
The agreement was signed by IFAD President Kanayo Nwanze and Cambodia ’s Secretary of State for the Economy and Finance Ministry, Aun Moniroth in Rome on June 8.
According to IFAD’s press release, the project will benefit approximately 90,000 rural households in the five provinces of Kampot, Kandal, Prey Veng, Svay Rieng and Takeo.
Farmers with no access to land or whose land is not suitable for cultivation, rural young people and households headed by women will be prioritised.
As part of the project the farmers will learn how to access new technologies and markets. The innovative training package will include improved production and marketing techniques and how to set up links between farmers and agricultural wholesale markets.
First established as an international financial institution in 1977 with its headquarters in Rome , the IFAD is dedicated to wiping out rural poverty in developing countries.-VNA
You should also see
Energy industry needs nearly 5 trillion VND of investment in 2021-2030
The total investment capital demand for the whole energy sector in the 2021-2030 period is between 4.13-4.8 trillion VND (163.01-189.46 million USD), according to a plan to implement the National Power Planning in the 2021-2030 period with a vision to 2050.
See more
World
Indonesia's first thermal power plant stops operating
Indonesia's Ministry of Maritime Affairs and Fisheries (MMAF) has held a press conference to inform about the country’s progress in the early decommissioning of the Cirebon-1 thermal power plant.
World
Thai central bank intervenes to stabilise currency
The Bank of Thailand (BoT) said it has intervened in currency markets at times to ease any excessive moves in the THB, adding that the current policy rate is robust and conducive to economic recovery, reported the Bangkok Post.
World
Vietnam appeals for maximum self-restraint, end to hostilities in Middle East
A representative of Vietnam appealed to all the parties concerned to exercise maximum self-restraint and to end hostilities, while addressing a United Nations Security Council (UNSC) open debate on the Middle East and Palestine situation on March 25.
World
Indonesia’s coffee exports surpass imports
Indonesia’s coffee exports have surpassed imports for 47 consecutive months since May 2020, the Central Statistics Agency (BPS) has reported.
World
Thailand expects wave of tourists during Golden Week
The Tourism Authority of Thailand (TAT) estimates that about 996,000 foreign tourists will visit the Southeast Asian country between April 26 and May 5, known as the Golden Week holidays in Japan, during which Chinese tourists also prefer to travel overseas.
