Capitalize Financial
No Result
View All Result
Tuesday, March 21, 2023
  • Home
  • Business
  • Economy
  • World
  • Markets
  • Tech
  • Real Estate
Capitalize Financial
  • Home
  • Business
  • Economy
  • World
  • Markets
  • Tech
  • Real Estate
No Result
View All Result
Capitalize Financial
No Result
View All Result
Home Sports

World Bank reallocates US$10m to support small-scale Lebanese farmers

by capitalizefinancial
May 21, 2021
in Sports
0

The World Bank has approved the re-allocation of US$10 million under the existing Roads and Employment Project to support small-scale Lebanese farmers with agricultural inputs and animal feed to help them sustain their plant and animal production, and support their ability to contribute to food security. The program is expected to benefit around 26,700 small-scale farmers who have suffered from this year’s COVID-19-related planting and harvesting delays. It will also provide approximately 1 million animal vaccine doses to contribute to the annual livestock vaccination campaign.

Agriculture is seen as a critical sector for employment creation and poverty reduction in Lebanon, for both Lebanese people and Syrian refugees. The Lebanese agriculture sector has been severely affected by the recent economic and financial crisis and the COVID-19 pandemic. The absence of credit facilities, the currency devaluation and the capital control measures hindering the payment of suppliers in the agriculture sector has severely impacted agriculture production given the country’s reliance on imports of agricultural inputs.

“Preserving and strengthening agricultural domestic production and value chains are not only critical to mitigating the short-term risk related to food security but also to boost the local economy and create employment opportunities in the agriculture sector”, said Saroj Kumar Jha, World Bank Mashreq Regional Director. “The World Bank is strongly committed to standing by Lebanon as it faces unprecedented compounded crises by saving people’s lives and livelihoods and supporting a faster economic recovery.”

Continue…

No Result
View All Result

Subscribe Us

By clicking on Subscribe, I confirm that I have read and agree to the terms set forth in the Privacy Policy and Terms of Service including Capitalize Financial ability to use and share my information and Capitalize Financial, or third-party companies and business partners, may send me offers for products and services at the email address I have provided. I understand that my information may be supplemented with additional information obtained from other sources.
  • Trending
  • Comments
  • Latest

Capital One Savings Account Rates for November 2022

Gas Prices Today, October 22, 2022: Check the cheapest Gas Stations Today

7 personal finance tips for Gen Z, from a Gen Xer

NASA’s Orion spacecraft breaks Apollo 13 flight record

These are the 10 housing markets across the US where home sellers are sitting pretty

These are the 10 housing markets across the US where home sellers are sitting pretty

Embrace Technology And Stop Playing “Guess Who” With Your Customers

10 Best Finance Podcasts for 2023

NASA’s Webb Telescope Confirms First Exoplanet

Recent News

These are the 10 housing markets across the US where home sellers are sitting pretty

Embrace Technology And Stop Playing “Guess Who” With Your Customers

Categories

  • Business
  • Cryptocurrency
  • Economy
  • entertainment
  • finance
  • health
  • Markets
  • Music
  • Opinion
  • Politics
  • Real Estate
  • Science
  • Sports
  • Tech
  • World

Site Navigation

  • Contact Us
  • Privacy & Policy
  • Terms Of Service
  • Unsubscribe

© 2021 capitalize Financial All Rights Reserved

No Result
View All Result
  • Advertisement
  • Contact Us
  • Homepages
    • Home 1
    • Home 2
    • Home 3
    • Home 4
    • Home 5
  • World
  • Economy
  • Business
  • Opinion
  • Markets
  • Tech
  • Real Estate

© 2021 capitalize Financial All Rights Reserved