Agreement Between Kyrgyzstan, IFAD For Pastoral Communities Project Ratified
Date
7/19/2024 5:24:26 AM
(MENAFN- Trend News Agency)
BISHKEK, Kyrgyzstan, July 19. President of
Kyrgyzstan Sadyr Zhaparov has signed a law ratifying a financing
agreement for the Regional Resilient Pastoral Communities Project
(RRPCP) project between Kyrgyzstan and the International Fund for
Agricultural Development (IFAD), Trend reports.
According to the official website of the president, the
agreement was signed on May 14, 2024, in Rome and approved by the
Kyrgyz parliament on June 26, 2024.
Under the agreement, Kyrgyzstan will receive a grant of $9.215
million from IFAD. The funds will support vulnerable rural
households that rely on pasturelands and forests for their
livelihoods. This includes households involved in mobile extensive
livestock farming, forest product extraction, feed production, as
well as rural women and youth.
Special attention will be given to the participation of women
and youth in the project.
In accordance with the agreement between the Adaptation Fund
(AF) and IFAD, dated November 7, 2022, the project is financed by
AF through IFAD.
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