World Bank OKs $100-M agri loan for Mindanao IP areas
newscatcher
2023-06-02 22:34
World Bank OKs $100-M agri loan for Mindanao IP areas
OZAMIZ CITY — The World Bank (WB) has approved a $100-million loan to the government to fund agriculture and fishery production initiatives in indigenous peoples' (IP) ancestral domain areas of Mindanao in the next five years. Around 12,000 farmers and fishers are set to benefit from the Mindanao Inclusive Agriculture Development Project (MIADP) that will revitalize while protecting the natural resources of ancestral domain lands that were either 'unused or under subsistence cultivation by indigenous peoples,' the WB said in a statement.

https://newsinfo.inquirer.net/1778842/world-bank-oks-100-m-agri-loan-for-mindanao-ip-areas

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