IFAD Provides Loan to Tanzania for Agricultural Development
March 20, 2009| |
The International Fund for Agricultural Development (IFAD), an international financial institution and a specialized United Nations agency, has committed US$56 M as supplementary loan to the United Republic of Tanzania. The program is expected to boost agricultural productivity and incomes by supporting the development of smallholder agriculture.
In addition, beneficiaries will have access to agricultural knowledge, technologies, marketing systems and infrastructure. The loan agreement was signed by Ambassador Wilfred Joseph Ngirwa, the Permanent Representative of the United Republic of Tanzania to the United Nations Agencies (FAO, IFAD and WFP), and Lennart Båge, IFAD President.
Visit http://www.ifad.org/media/press/2009/13.htm for more information.
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