The Minister of Agriculture approves the disbursement of 274 million Egyptian pounds as new funding for the National Veal Project

Published 2024년 8월 27일

Tridge summary

The article highlights the approval of EGP 274 million and 400 thousand by the National Veal Project's Board of Directors, led by Minister Alaa Farouk, to support small breeders and young graduates, creating opportunities for 392 beneficiaries to raise 3,920 heads of cattle. This initiative is part of the presidential 'Decent Life' initiative, aimed at improving rural life and supporting small farmers. The project aims to provide red meat at fair prices and has so far financed over EGP 8.985 billion, benefiting around 44,000 beneficiaries and aiding in the rearing of 510,000 heads of cattle. Beneficiaries will receive veterinary support, and their pens will be inspected to ensure suitable conditions, with the funds covering a portion of the risk through the Animal Wealth Insurance Fund. Interested parties can apply through local agricultural administrations or banks.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Engineer Mustafa Al-Sayyad, Deputy Minister of Agriculture and Land Reclamation, said that the Board of Directors of the National Veal Project, headed by Alaa Farouk, Minister of Agriculture and Land Reclamation, approved the allocation of EGP 274 million and 400 thousand for 392 beneficiaries from small breeders and young graduates, with a total number of (3920) heads of cattle, within the framework of the presidential initiative "Decent Life" launched by President Abdel Fattah El-Sisi, to develop the Egyptian countryside and raise the level of small farmers and breeders. The Minister of Agriculture assigned both the Animal and Poultry Wealth Development Sector and the General Authority for Veterinary Services, in coordination with the Directorates of Agriculture and Veterinary Medicine at the governorate level, to intensify field follow-ups on the beneficiaries of the National Veal Project, while providing all aspects of veterinary and health support and care, and studying any ...
Source: Almalnews

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