IFAD

UCIP’s Joint Program Implementation Unit of the International Fund for Agricultural Development (IFAD) celebrates the 25th anniversary of its activity in Moldova. During this time, the portfolio of IFAD programs in Moldova amounted to more than $266 million, including $146.5 million in direct investments and $24.4 million in grants from the Fund, Logos Press reports.

The rate on bank loans for micro and small agricultural enterprises implementing investment projects with a grant component within the IFAD program in Moldova has been reduced to 10.10% from the previous level of 10.36%, Logos Press reports.

The contract for grant funding for the modernization of agricultural research infrastructure was signed by the Consolidated Unit (UCIP) for the implementation of IFAD projects and the National Institute for Applied Research in Agriculture and Veterinary Medicine (INCAAMV),” Logos Press reports.

We have already got used to the fact that the development of marketing of agricultural and food products in the Republic of Moldova at the system (sectoral/sectoral) level is supported by international donors with ideas and funding. In the last decade, USAID and the World Bank have been particularly active in this area. However, times change, and donors change with them.

This adjustment of the course of programs of the International Fund for Agricultural Development IFAD was mentioned during a recent meeting of the management of the representative office of this organization in RM with the head of the Ministry of Agriculture and Food Industry Ludmila Catlabuga, – reports Logos Press.