India, March 28 -- At least five million farmers are expected to benefit from a new initiative designed to boost agricultural productivity, promote diversification, and enhance the climate-resilience of agrifood systems across the Philippines.The World Bank's Board of Executive Directors has approved funding for the Philippines Sustainable Agricultural Transformation Project (PSAT) to support sector-wide reforms that modernize agricultural practices, enhance food and nutrition security, and create jobs.
"This is a transformative investment in Philippine agriculture," said Zafer Mustafaoglu, World Bank Division Director for the Philippines, Malaysia, and Brunei. "By putting in place the right policies, systems, and partnerships, these pro...
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