Page Seven Digital
The Government authorized the signing of a loan contract for 35 million dollars from the Development Bank of Latin America (CAF), in order to finance the program towards Food Sovereignty with Irrigation Technology and thus replace imports.
“The Minister of Development Planning, on behalf of Bolivia, is hereby authorized to sign a loan contract with CAF for an amount of up to 35,000,000 dollars, destined to finance the program towards Food Sovereignty with Irrigation technology and substitute imports”, states article 2 of Supreme Decree 4671, approved on February 16 of this year.
The document indicates that the contract must be sent to the Plurinational Legislative Assembly for its respective treatment.
You can also read: $100 million contract approved with Fonplata
CAF points out that the resources have the objective of optimizing the efficiency in the use of water for irrigation purposes by up to 90%, which will increase the number of technified hectares and improve the productivity of onions, potatoes and tomatoes. This will generate higher income in 29 municipalities that produce this type of food in Bolivia.
The program includes the provision of technical irrigation equipment (sprinkler/drip) to 6,000 families producing onions, tomatoes and potatoes, a contribution to reduce the deficit of these three products by 30%.
It also includes the strengthening of producer and irrigator organizations, through technical assistance during four agricultural cycles aimed at training experts in cultivation, marketing and distribution of their products in the domestic market.
