World Video | Defence | Foreign Affairs | Natural Events | Trade | NZ in World News | NZ National News Video | NZ Regional News | Search


Agency Funds Small And Medium Farmers In Georgia

UN Agricultural Development Agency Funds Small And Medium-Sized Farmers In Georgia

New York, Jun 29 2005

A new project to increase incomes and agribusiness opportunities among small and medium-scale farmers in 300 rural communities in Georgia received $10 million, mainly in a loan, from the United Nations International Fund for Agricultural Development (IFAD).

The $34.7 million project will be financed by a $9.2 million loan and an $800,000 grant from IFAD to Georgia, bringing the total of IFAD funds in the Eastern European country to $25 million.

Rural poverty has been on the rise in Georgia since the collapse of the Soviet Union and its command economy because most rural farmers lack access to the resources they need to undertake commercial agriculture, such as capital, land, markets and appropriate technologies

In the four-year Rural Development Project, the loan would link rural communities with marketing chains, expand credit availability and improve land tenure, while the grant would expand rural financial services, IFAD said.

"Project activities will be concentrated in areas that produce commodities with high potential for agribusiness, such as cow's milk, apples, potatoes, hazelnuts and wine grapes," it said.


© Scoop Media

World Headlines


At The UN: Paris Climate Agreement Moves Closer To Entry Into Force

The Paris Agreement on climate change moved closer toward entering into force in 2016 as 31 more countries joined the agreement today at a special event hosted by United Nations Secretary-General Ban Ki-moon. More>>



Gordon Campbell: On The End Game In Spain (And Other World News)

The coverage of international news seems almost entirely dependent on a random selection of whatever some overseas news agency happens to be carrying overnight... Here are a few interesting international stories that have largely flown beneath the radar this past week. More>>

Amnesty/Human Rights Watch: Appalling Abuse, Neglect Of Refugees On Nauru

Refugees and asylum seekers on Nauru, most of whom have been held there for three years, routinely face neglect by health workers and other service providers who have been hired by the Australian government, as well as frequent unpunished assaults by local Nauruans. More>>


Other Australian Detention

Gordon Campbell: On The Censorship Havoc In South Africa’s State Broadcaster

Demands have included an order to staff that there should be no further negative news about the country’s President Jacob Zuma, and SABC camera operators responsible for choosing camera angles that have allegedly made the President ‘look shorter’ were to be retrained... More>>


Gordon Campbell: On A Bad Week For Malcolm Turnbull, And The Queen

Malcolm Turnbull’s immediate goal – mere survival – is still within his grasp... In every other respect though, this election has been a total disaster for the Liberals. More>>


Gordon Campbell: On Bidding Bye Bye To Boris

Boris Johnson’s exit from the contest for Conservative Party leadership supports the conspiracy theory that he never really expected the “Leave” option to win the referendum – and he has no intention now of picking up the poisoned chalice that managing the outcome will entail... More>>


Get More From Scoop

Search Scoop  
Powered by Vodafone
NZ independent news