Xinhua Silk Road - Belt and Road Portal, China's silk road economic belt and 21st Century Maritime Silk Road Website Xinhua Silk Road - Belt and Road Portal, China's silk road economic belt and 21st Century Maritime Silk Road Website
Subscribe CustomBlackClose

Belt & Road Weekly Subscription Form

download_pop

Research ReportCustomBlackClose

The full edition of the report is available at Xinhua Silk Road Database. You can click the “Table of Content” to have a general understanding of it.

Click on the button below to create your account and get immediate access to thousands of articles.

Start a Free Trial

Xinhua Silk Road Database
Project

Burundi's senate passes bill on 75-mln-USD loan agreement to boost farming sector

July 28, 2017


Abstract : The Burundian senate Wednesday passed a bill on the ratification of an agreement between Burundi and the World Bank's International Development Association to boost the country's farming sector.

BUJUMBURA, July 26 (Xinhua) -- The Burundian senate Wednesday passed a bill on the ratification of an agreement between Burundi and the World Bank's International Development Association to boost the country's farming sector.

The bill will provides the financial agreement worth 75 million U.S. dollars to support farmers and farmers' associations doing their agricultural activities near the border with the Democratic Republic of Congo (DR Congo).

Burundian Finance Minister Domitien Ndihokubwayo had been invited at the senate to answer senators' questions about the bill.

He told senators that the project will help beneficiaries boost production of maize, rice and milk.

"This project will increase incomes of households in the target area," Ndihokubwayo said.

The project will be implemented in five provinces of Burundi bordering with DR Congo from the north to the south.

According to the World Bank, Burundi economy is heavily reliant on agriculture which employs 90 percent of its population, though cultivable land is extremely scarce. Enditem

Scan the QR code and push it to your mobile phone

Keyword: Burundi-senate-bill-loan-farming-sector

Most Read

Write to Us belt & road login close

Do you want to be a contributor to Xinhua Silk Road and tell us your Belt & Road story? Send your articles to [email protected] and share your stories with more people.

Click on the button below to create your account and get im http://img.silkroad.news.cn/templates/silkroad/en2017te access to thousands of articles.

Start a Free Trial

Ask Us A Question belt & road login close

If you have any questions, please enter them in the box below.

Identifying code Reload

Write to Us belt & road login close

Do you want to be a contributor to Xinhua Silk Road and tell us your Belt & Road story? Send your articles to silkroadweekly@xinhua.org and share your stories with more people.

Click on the button below to create your account and get im http://img.silkroad.news.cn/templates/silkroad/en2017te access to thousands of articles.

Start a Free Trial