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IFAD Supports the Country's Agricultural Plans
Source: www.export-egypt.com  4/29/2012

IFAD has extended Egypt $ 70 million soft loan and $ 1 million grant to support the country's agricultural and rural development plans. Loan will benefit more than 50,000 rural households in 7 governorates including Assuit, Beni Suif, Menia, Qena, Sohag, Giza and Kafr El Sheikh. Development would increase total loans extended by IFAD to Egypt to reach $ 337 million. Loan aims at consolidating food safety and improving farmers living conditions.


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