World Bank to sup­port 47,000 farm­ers in Rio de Janeiro

The Pak Banker - - Front Page -

WASH­ING­TON

Around 47,000 farm­ers based in 72 mu­nic­i­pal­i­ties in the state of Rio de Janeiro will ben­e­fit from a $100 mil­lion fi­nanc­ing to the Rio de Janeiro Sus­tain­able Ru­ral De­vel­op­ment Project.

The loan, ap­proved to­day by the World Bank Board of Di­rec­tors, fo­cuses on the North, North­west and Ser­rana re­gions and will pro­mote the in­te­gra­tion and sus­tain­able de­vel­op­ment of ru­ral com­mu­ni­ties in the state. The funds will en­able the ex­pan­sion of the Ru­ral Rio Pro­gram, aimed at pro­mot­ing sus­tain­able ru­ral de­vel­op­ment, reach­ing 1.6 mil­lion hectares, or 36 per­cent of our state, said Sergio Cabral Filho, gover­nor of Rio de Janeiro State. Fam­ily agri­cul­ture, typ­i­cal of Rio de Janeiro, em­ploys more than 400,000 peo­ple. There­fore it is very im­por­tant that the ac­tiv­ity counts on what is most mod­ern in terms of sus­tain­abil­ity. With an area of 43,864 square kilo­me­ters, Rio de Janeiro State has 60 per­cent of its land used for agri­cul­tural pur­poses. Agro-in­dus­trial ac­tiv­i­ties rep­re­sent 25 per­cent of the state’s gross do­mes­tic prod­uct. When it comes to the North, North­west and Ser­rana re­gions.

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