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
Wincor Nixdorf AG closed the first six months of fiscal year 2008/2009 with a 4 percent increase in net sales and a 2 percent increase in operating profit (EBITA).
more »
Raiffeisen Bank Polska SA, a subsidiary of Raiffeisen International, a leading financial corporation in Central and Eastern Europe, has deployed "VIP Mobile," a next-generation mobile banking solution.
more »
Commission calls for help with reforming EU fishing.
more »
IFC, a member of the World Bank Group, and SEB Bank today launched an innovative transaction that will support lending of around €50 million to help small and medium enterprises in Lithuania switch to renewable sources of energy.
more »
Is your money well spent at EU level? Every year, in April, the EP concludes its examination of EU spending for the financial year closed 16 months previously.
more »
The right to compensation for poor service, the right to change gas and electricity suppliers and comparable prices are just three aspects of the proposed “third energy package” being debated today by MEPs.
more »
As access to ATMs became free from April 1, many banks are expected to consider consolidating their teller operations instead of aggressively expanding ATM network.
more »
Crisis or no crisis, secure identity cards will still be needed to cross borders…
more »
A fund-raising initiative has been launched among 170,000 employees in all 22 countries where the Group operates
more »
This year AB Bank SNORAS also joined the promotional event "Praise excellent service!" which is held in March every year.
more »