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$200 million from World Bank to support farmers and agro SMEs
The World Bank said it has approved a $200 million financing to improve the resilience of farmers and small and medium enterprises (SMEs) through the Green-Agri Food Transformation for Economic Recovery (GATE) project. The GATE project will allow nearly 80,000 farmers, almost half of the total number of farmers, to benefit from access to finance, capacity building, and improved services and infrastructure. “Approximately 110 municipalities will benefit from improved services and infrastructure. The project will also preserve livelihood opportunities to more than 22,000 farmers and workers and create around 2,200 new job opportunities through improved production capacity at beneficiary SMEs and through public works/rehabilitation of agriculture related