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Friday, 22 January 2016

AFD – Madagascar 24 billion ariary to improve agricultural production

The farming sector will receive 24 billion ariary of aid for this year, in the form of a grant offered to the Malagasy State by the French Development Agency (AFD) within the framework of the project to improve agricultural productivity in Madagascar (PAPAM). The agreement between the AFD and the Ministry of Finance and Budget was signed yesterday morning. The services will be spread over four years and will range from advice to the construction of hydro-agricultural infrastructures. They are supplied by means of the Centre for Agricultural Services and the Regional Funds for Agricultural Development (CSA/FRDA). The main task of the CSAs, established by the AFD in each district of the island since 2008, is to act as an intermediary between the request and supply of services. Responsible for recording and pooling the service needs of the producers, they have contributed to the development of the farming sector in Madagascar for a number of years. According to the statements by the Minister of Finance and Budget, Gervais Rakotoa¬rimanana, the CSA/FRDA arrangement has made it possible to help 46,000 farmers in three years. He added that under the PAPAM project, 150,000 farmers will be able to increase their income and strengthen their activities by integrating economic opportunities. In addition, the subsidy will contribute to improving farming productivity by encouraging the development of agro-ecological practices and promoting water catchment areas.

Source: L'Express de Madagascar

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