RE: RE: 60 millions for sure !
Said Dr. Salah Abdul Momin and Minister of Agriculture and Land Reclamation that the International Fund for Development has agreed to monitor the $ 60 million in slide allocated to Egypt from 2013, which will be through funding new projects to cover the needs of the agriculture sector in various fields which fulfill the needs of small farmers and include the development of Field Irrigation , and improving agricultural marketing operations as well as domestic and external to the areas that will be identified by the expedition of the Fund.
The Wazzaramkaneh benefit and cooperation with the Principal Bank for Development and Agricultural Credit(PBDAC) in the implementation of activities IFAD credit provided that soft loans to small farmers and the benefits of a simple pointing to the absence of the parent bank in the implementation of current projects directly with the International Fund For this had been agreed on the possibility of sending the Fund for Mission to assess the role of the bank and the possibility of the resurrection of this role in the coming period.
This came on the sidelines of a meeting with Minister of Agriculture today with a delegation International Fund for Agricultural Development (IFAD), led by Dr. Khaleda Bodhir head the Near East and North Africa, and Dr. Abdul Hamid Abdoulie program manager cooperation with Egypt and Mr. / Mohammed Shaker - Director of the Office Fund Cairo.
Where the meeting discussed the desire of the Ministry of Agriculture and Land Reclamation in the extension project development activities rural western Nubaria and funded by the Fund, which has made ??tangible achievements for small-scale farmers domestic market ?????? and overseas and increase their incomes and provide technical and financial support.
They also discussed activating the project of promoting agreement marketing capabilities for small-scale farmers in rural Egypt (PRIME), which was signed in April 2012 and is currently under completion of the ratification by the Presidency of the Republic's constitutional substitute for the People's Assembly its defunct now.