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Spain gives 7.9 million euros for poverty reduction in central provinces

Update: October, 02/2013 - 10:52
The Spain-IFAD Trust Fund to finance a Sustainable Rural Development for the Poor project in Ha Tinh and Quang Binh provinces.— File Photo

HA NOI (VNS) – The Spanish government and the Executive Board of International Fund for Agricultural Development (IFAD) have approved allocation of 7.9 million euros from the Spain-IFAD Trust Fund to finance a Sustainable Rural Development for the Poor project in Ha Tinh and Quang Binh provinces.

The sum will match IFAD loans and grant resources as recommended by its Executive Board.

The 300 million euro fund designed to support food security was set up by the Government of Spain and IFAD back in 2010.

The Spanish Co-operative in Viet Nam has been supporting rural development for the last 15 years through projects across the country. — VNS

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