WB-MANAGED GAFSP TO GRANT 12.5 MLN DOLLARS

Ulaanbaatar, Mongolia, /MONTSAME/ The Directors' Council of the Global Agriculture and Food Security Programme /GAFSP/, a new World Bank-managed fund, has recently made a decision to allott to Mongolia 12.5 mln. dollars grant.
It was decided after a discussion on the projects applied by 20 developing countries for the fund's grants at the meeting of the Council that ran in Washinton, USA, November 3-4. The grants are aimed at helping a country increase food security, raise rural incomes and reduce poverty by enabling small-scale farmers to grow more crops and earn more.
At its meeting, the Council supported the project "Supporting the living based on the livestock" worked out by the Goverment of Mongolia.
"The fund will assist in linking farmers to markets, raising livestock productivity and quality, providing technical assistance, allowing herders to market their livestock easier", GAFSP officials said. Experts of the Fund have also approved the "National programme on the food security" worked out by Mongolia's government for the period of 2009-2016.
B.Adiyakhuu