World Bank supports Bangladesh's agriculture sector
08 Feb '08
2 min read
"By giving greater voice to the farming communities in deciding the priorities for agricultural research, farmer education priorities, and program monitoring, the project will contribute towards improving governance as well as the quality and efficiency of the delivery of public services," said Paul S. Sidhu, World Bank Senior Agriculture Specialist and project team leader.
To increase and diversify sources of income for small and marginal farmers, the project will support development of supply chains of selected commodities through financing activities related to strengthening farmer-market linkages.
The Government of Bangladesh and the World Bank have agreed that a long-term programmatic approach is needed to revitalize the agricultural technology system. It will be implemented over a period of 15 years in three phases, with a total IDA commitment of about US$180 million.
The credit from the International Development Association (IDA), the World Bank's concessionary arm, has 40 years to maturity with a 10-year grace period; it carries a service charge of 0.75 percent.
20240830145952.gif)
.jpg?tr=w-120,h-60,c-at_max,cm-pad_resize,bg-ffffff "UBM China (Shanghai)")
-Ltd..jpg?tr=w-120,h-60,c-at_max,cm-pad_resize,bg-ffffff "Thermore (Far East) Ltd.")
