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May 18, 2022
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FAO will deliver 67.3 million dollars to Nicaragua between 2022-2026

La FAO entregará 67,3 millones de dólares a Nicaragua entre 2022-2026

The Government of Nicaragua and the Food and Agriculture Organization of the United Nations (FAO) signed the New Country Programming Framework 2022-2026, for an amount of 67.3 million dollars, Nicaraguan authorities reported Tuesday.

The new programming framework aims to fight poverty and the climate crisis, as well as guarantee food security, according to the Nicaraguan Government, through official media.

The new agreement “establishes as priority areas: resilient production, rural investments, and sustainable management of ecosystems,” said FAO Nicaragua.

The agreement was signed on Monday by the FAO representative in Nicaragua, Iván León Alaya; the Nicaraguan Foreign Minister, Denis Moncada, and the Minister of Finance and Public Credit of the Central American country, Iván Acosta.

Related news: Venezuelan Regime congratulates Nicaragua for vice-presidency in the FAO Conference

“We are closing a cycle and opening a cycle. It also corresponds to an important moment for humanity, because the FAO has established in 2022 a new cooperation framework at a global level. Does it establish some goals for the fulfillment of the Sustainable Development Goals in the year 2030?, affirmed Alaya.

“Today is a very important day for the work we do in the production, trade and consumption system, which is supported by the FAO, within the country’s national strategy, fundamentally with the central objective of reducing poverty and elimination of extreme poverty”, said Acosta.

According to the National Plan to Fight Poverty 2022-2026, 24.9% of the Nicaraguan population lives in poverty, while 17.2% lives in extreme poverty.

These data take 2016 as a reference, two years before the sociopolitical crisis that the country is going through broke out and that caused the Nicaraguan economy to regress for three consecutive years between 2018 and 2020.

According to the Central Bank of Nicaragua, the country’s gross domestic product (GDP) will grow between 4% and 5% in 2022, the second year of growth after the crisis.



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