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
European Commission Vice-President Siim Kallas, responsible for transport, today presented to the College a preliminary assessment of the economic consequences for the air transport industry of the volcanic ash crisis.
more »
Boosting economic recovery, investing in Europe's youth and in tomorrow's infrastructures are the priorities of the 2011 draft budget adopted by the Commission on 27 April 2010.
more »
European Competition Commissioner Joaquín Almunia welcomes proposed commitments by Visa Europe to significantly cut its multilateral interchange fees (MIFs) for debit card payments.
more »
Because of the Icelandic volcano, flower growers in Colombia couldn't get their stems to markets in Europe.
more »
The Second Vice President of the Spanish government and Minister of Economy and Finance, Elena Salgado, on Sunday played down the importance of apparent fissures within the EU concerning the Greek financial crisis, expressing her confidence that all countries would support the aid package for this country, which will be accompanied by a tough budget-tightening plan.
more »
Commission launches an information campaign on the CE conformity mark - designed to ease the free movement of goods around Europe and protect consumers.
more »
If Europe's airports ever open again the introduction of new security measures like body scanners will be expensive.
more »
After Eurozone Finance Ministers agreed measures to address Greece’s financial woes last Sunday, MEPs quizzed leading economic figures, including the chairman of Goldman Sachs - former financial advisors to the Greek government - on how to strengthen EU economic governance and improve reporting of national statistics.
more »
The European Tourism Stakeholders Conference, being held in Madrid today and tomorrow, will explore ways and means to strengthen the visibility of tourism at a European level and to verify how the actions to promote a competitive EU tourism industry.
more »
The European Bank for Reconstruction and Development (EBRD), World Bank Group member IFC, and The Netherlands Development Finance Company (FMO) have joined up with the Asia Debt Management Hong Kong (ADM Capital) to establish a regional fund to invest in midsize companies facing financing difficulties as a result of the financial crisis.
more »