Source: The Hindu Business Line
The World Bank has announced a financial package of $46.5-million grant assistance to Nepal to help small farmers increase their income and improve food security.
The fund to be provided under the third round of grant from the Global Agriculture and Food Security Programme (GAFSP) consists of a total package of $160 million which will be distributed to Cambodia, Liberia and Tajikistan besides Nepal, a release issued by the World Bank Nepal Country office said.
GAFSP funds will enhance household food security in the poorest and most food-insecure regions through increased agricultural productivity, household income and awareness about health and nutrition in the mid-western and far-western development regions.
“With food prices remaining high and volatile, developing countries are requesting support for their efforts to improve agricultural productivity,” the World Bank Managing Director, Mr Ngozi Okonjo Iweala, said.
No comments:
Post a Comment