(MENAFNEditorial)
JAKARTA February 23 2015−The International Fund for Agricultural Development (IFAD) strengthens Indonesia farmers' and fishermen's role facing a new threats from food prices erratic agricultural markets as well as climate change.
IFAD and Indonesian government signed a host country agreement on February 17 for stronger partnership for both. IFAD will continue to play a leading role in promoting productive competitive and high-value smallholder agriculture and fisheries and ensuring more effective public investment in rural areas.
Since 1980 IFAD has extended loans to Indonesia for 15 projects totaling US$409.9 million with a total project cost of $827.4 million benefitting 2.2 million households.
“Indonesian smallholders and fishers face new threats from volatile food prices erratic agricultural markets the effects of climate change and more” Nwanze said in a release. “We will continue to support Indonesia to help smallholders to improve their resilience take advantage of market opportunities and to increase agricultural and marine productivity.” Read more…
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