IFC supports Myanmar’s agricultural sector


International Finance Corporation (IFC), a member of the World Bank Group, signed an advisory agreement with Myanmar’s Ministry of Agriculture, Livestock and Irrigation last week to support its efforts with boosting sector productivity and skills development.

IFC’s technical assistance will support the government’s objective of increasing the productivity, market access and competitiveness of the agricultural sector by improving the provision of quality inputs to farmers. IFC said it will also assist with establishing quality standards for key export commodities. Vivek Pathak, IFC Regional Director for East Asia and the Pacific said, “by supporting Myanmar’s agricultural development, we hope to help create potential markets for agricultural products through exports.”


Readers choice: TOP-5 articles of the month by UkrAgroConsult