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Home News THE WORLD BANK APPROVES A NEW LOAN TO IMPROVE PRODUCTIVITY OF LIVESTOCK SECTOR

THE WORLD BANK APPROVES A NEW LOAN TO IMPROVE PRODUCTIVITY OF LIVESTOCK SECTOR

The Board of Executive Directors of the World Bank has approved USD 30 million in loan financing for the Mongolia Livestock Commercialization Project.

The project will help improve the health and productivity of livestock and increase value of products such as meat and dairy by commercializing targeted value chains in selected locations.

With over 60 million livestock and wide pastureland, the Mongolian agriculture sector, especially the livestock sector, has a huge potential to drive the economic diversification and is a key source of broad-based employment, according to World Bank.

 

Source; https://montsame.mn/en/read/210841

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