Egypt: The Minister of Agriculture approves the disbursement of 139 million pounds in new funding for the National Veal Project

Published 2024년 5월 16일

Tridge summary

Engineer Mustafa Al-Sayyad, Deputy Minister of Agriculture for Livestock, Fish and Poultry, announced the allocation of 139.348 million pounds to 95 small breeders and young graduates for raising 900 heads of livestock under the National Veal Project, part of the 'A Decent Life' initiative. This project, led by Minister Al-Quseir, aims to improve the Egyptian countryside and support small farmers. To date, it has funded over 8.711 billion pounds for 43,600 beneficiaries, raising more than 506,000 heads of livestock. The Ministry of Agriculture, in collaboration with the Agricultural Bank of Egypt and a private sector company, is also providing high-productivity dairy cattle breeds with concessional financing and comprehensive support, with field follow-ups and inspections to ensure proper implementation.
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 for Livestock, Fish and Poultry, said that the Board of Directors of the National Veal Project, headed by Mr. Al-Quseir, Minister of Agriculture and Land Reclamation, agreed to allocate an amount of 139 million and 348 thousand pounds for 95 beneficiaries of small breeders and young graduates, with a total number of heads of livestock ( 900 heads, within the framework of the presidential initiative “A Decent Life” launched by President Abdel Fattah El-Sisi, to develop the Egyptian countryside and raise the level of small farmers and breeders. Al-Sayyad added that the total funding for the project so far is more than 8 billion and 711 million pounds for about 43 One thousand and 600 beneficiaries, to raise and fatten more than 506 thousand heads of livestock, whether they are calves for meat production or high-productivity heifers for milk production, to provide more meat and milk. This comes within the framework of the ...
Source: Almalnews

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