The International Fund for Agricultural Development (IFAD) has granted US$24 million to the Lao PDR to promote the National Strategy on Food Security and Nutrition project.

The donation aims to promote the strategy for poverty eradication in Laos, improve food security and nutrition of poor people and farmers who have experienced problems with their production, and help those who have lacking nutrition, especially women and children under five years, due to low-incomes.

The project will also improve the knowledge of officials and strengthen the relevant sectors in institutes to bring the National Strategy for Food Security and Nutrition project to fruition.

The results of the project will help the Lao government to achieve the Action Plan of the National Socio-Economic Development Plan 2016-2020 to ensure food security and nutrition.

The handover ceremony of the grant aid took place in Vientiane Capital on April 28 between Vice Minister of Finance, Mrs Thipphakone Chanthavongsa and Director of IFAD's Asia-Pacific Division, Ms Hoonae Kim.

Source:
courtesy of KPL NEWS AGENCY

by KPL News Agency

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