The Chief of Cabinet of the Ministry of Finance, Pablo Quirno, received today the President of the International Fund for Agricultural Development (IFAD), Gilbert Houngbo, in his first official visit to our country. At the meeting, they talked about the programs currently developed between Argentina and the IFAD and about the potential opportunities of mutual cooperation.
Currently, there are three ongoing projects with a total investment of USD 214.4 million. The IFAD finances USD 95.4 million out of said amount.
The first program is the Program for Rural Development (PRODERI), which objective is to improve the life quality of rural families and to increase their incomes by raising productivity, having access to value chains and the creation of jobs.
In addition, the Program of Economic Insertion of Northern Family Producers (PROCANOR) – which financing agreement was signed in March this year – is aimed at contributing to the insertion of small producers into value chains in beneficial and sustainable conditions in the Provinces of Catamarca, Chaco, Corrientes, Formosa, Jujuy, La Rioja, Misiones, Salta, Santiago del Estero and Tucuman.
Finally, the Program to Develop Goat Chains (PRODECCA), which agreement was entered into in April this year, is aimed at incorporating small goat producers into the market, benefiting 8,000 families in the Provinces of Chaco, Formosa, Neuquen, Mendoza and Santiago del Estero. This way, this initiative promotes the incorporation of vulnerable groups of the region. It will also have an indirect impact on the development of the goat products market.
Since 1988, the IFAD has financed 8 programs and projects of rural development in Argentina for a total amount of USD 372.6 million.
The IFAD is a specialized agency of the United Nations, created in 1978 and with 176 Member States, that finances innovative programs and projects of rural development in developing countries.