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Egypt:$60M from "IFAD" for Supporting Agriculture Sector

Source: www.export-egypt.com 1/26/2016, Location: Africa

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The International Fund for Agricultural Development (IFAD) has decided to finance a new project on developing the irrigation system for 500,000 feddans.

This will be through the allocating of $60 million for financing new projects on supporting the agriculture sector in Egypt, said Agriculture Minister Essam Fayed following his meeting with IFAD director Mohamed Shaker.

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