The World Bank and the Government of Uzbekistan signed a grant agreement of US$517,000 on 10 June to support agricultural reforms in the country
Published:
12 June 2004 y., Saturday
The World Bank and the Government of Uzbekistan signed a grant agreement of US$517,000 on 10 June to support agricultural reforms in the country. Funding for the grant is being provided by the Government of Japan.
The purpose of the grant is to support the implementation of the Rural Enterprise Support Project, which main objectives are to increase profitability and productivity in the agricultural sector; support the emergence of private sector initiatives; and ensure sustainability of the agricultural sector through rehabilitation of irrigation and drainage systems and improved farm management.
On behalf of the Government of Uzbekistan the grant was signed by Mr Rustam Azimov – Deputy Prime Minister and Minister of Economy. The World Bank’s Country Manager for Uzbekistan, Mr Martin Raiser signed the grant for the World Bank. His Excellency Mr Akio Kawato– Ambassador Extraordinary and Plenipotentiary of Japan to Uzbekistan took part at the ceremony.
In the words of Martin Raiser, “the signing of this grant is one further step in the implementation of an ambitious set of reforms developed by the Government with support from the World Bank in five pilot districts of Uzbekistan, which will bring higher incomes to farmers, increase their incentives to produce, and ultimately will significantly increase agricultural productivity”.
Šaltinis:
uzreport.com
Copying, publishing, announcing any information from the News.lt portal without written permission of News.lt editorial office is prohibited.
The most popular articles
A leading economist says Russia, Ukraine, and other East European countries have made significant progress in reforming their economies and embracing market principles
more »
Turkmenistan's president Saparmurat Niyazov and Gazprom's CEO Alexei Miller, who arrived in the Turkmen capital last night for a one-day visit, discussed the whole range of Turkmenistan's cooperation with Gazprom in the energy sphere
more »
On Friday, Gazprom CEO Alexei Miller and Citigroup Vice President Stanley Fisher discussed prospects for the two companies' cooperation
more »
BRITISH Airways is facing a "substantial" bill for "badly drafted" European Union (EU) regulations coming into force this week, which demand that airlines compensate passengers for flight delays and cancellations
more »
It will be possible to use the credits of «Zhilstroybank» (Kazakhstan) not only for purchase and building of the dwellings, but also for the repairing, exchange and modernization of apartments
more »
Sonera defendants deny deliberate violation of telecommunications privacy
more »
Ukrainian President Viktor Yushchenko is set to declare an “amnesty for capital” to make the economy more transparent
more »
Warsaw-based BRE Bank has suffered its largest ever quarterly loss, as its Q4 results were zł.385.9 million in the red
more »
The number of VISA credit cards in Russia reached around 16 million by the end of 2004, up from 9.4 million cards one year earlier
more »
Ukraine posted the highest economic growth among CIS nations in 2004, with GDP rising 12%, the CIS Interstate Statistical Committee said
more »