FAO to fund 28 farming projects in Algeria
The Algerian agriculture minister, Said Barkat, affirmed Thursday, March 15, that the United Nations Food and Agriculture Organization (FAO) has decided to fund 28 farming projects in Algeria for the total amount of $11.2 million.
According to APS, the funding was obtains during a meeting between Barkat and FAO manager in Rome, Jacques Diouf.
Of the 28 projects under the agreement, 17 are farming projects, seven relate to the fisheries sector and four are water resources projects. Each project will be allocated the amount of $400,000.
The minister said that FAO’s decision reflects a “good grasp of the situation in Algeria and of the national plan for the development of agriculture (PNDA).” He added that “after a ten year absence,” the FAO will open next may an office in Algiers.
Algeria’s dependence on imports to satisfy its food demand has been growing steadily since the 1960’s. Today most of the country's cereal requirements, as well as many vegetables and dairy products, come from abroad.
Food export comprises nearly one percent of the country’s total merchandise export, while food imports stand at 21 percent of the total merchandised imports. The agriculture sector accounts for 12 percent of Algeria’s total GDP (Gross Domestic Product). — (Albawaba-MEBG)
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