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IFAD offers Moldova US$ 40m for investment projects in agriculture


https://www.ipn.md/en/ifad-offers-moldova-us-40m-for-investment-projects-in-agriculture-7966_1044164.html

A new program of strategic opportunities for the Republic of Moldova for 2019 – 2024 to the value of US$40 million was approved by International Fund for Agricultural Development, IPN reports.

According to the Ministry of Foreign Affairs and European Integration, the new program envisions the financing of investment projects in agriculture, with emphasis on innovations, youth engagement, increase in resilience to climate change, and poverty reduction in rural areas.

Since it entered Moldova in 1999, IFAD supported seven programs to the value of over US$ 120 million that benefitted more than 135,000 people from rural areas.