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Panama: $28 million for Agriculture

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Panama: $28 million for Agriculture

With a loan from the Andean Development Corporation, part of the master plan for agriculture in the Western region will be financed, which consists of the improvement of productive infrastructure, acquisition of equipment and supplies and management of water resources.

Friday, February 23, 2018

The program comprises seven components in its first stage: research, extension and technical assistance; associativity and entrepreneurship; agricultural health and food safety; metrology and laboratories; water management and water harvesting; productive infrastructure, equipment and supplies; institutional development for the execution of PMARO. 

From a statement issued by the Ministry of Economy and Finance:

The National Economic Council (CENA) issued a favorable ruling on a loan contract for B /.  27.6 million, to be subscribed between the Ministry of Economy and Finance (MEF) and the Andean Development Corporation (CAF), for the partial financing of the Master Plan for Agriculture of the Western Region (PMARO) stage I. 
The plan will be developed in the Western Region of Panama, in the provinces of Bocas del Toro, Chiriquí and the Comarca Ngäbe Bugl; it will last seven years and will benefit some 15 thousand organized producers.

Read full release (in Spanish).



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