Egypt: The Minister of Agriculture approves the disbursement of 139 million pounds in new funding for the national veal project

Published May 16, 2024

Tridge summary

The National Veal Project, spearheaded by Egypt's Ministry of Agriculture and Land Reclamation, has allocated 139.348 million pounds to support 95 small breeders and young graduates in raising 900 heads of livestock. This effort is part of the 'Decent Life' presidential initiative aimed at developing the Egyptian countryside and aiding small farmers. To date, the project has provided over 8.711 billion pounds to 43,600 beneficiaries, facilitating the raising of more than 506,000 heads of livestock. The initiative involves collaboration between the Ministry, the Agricultural Bank of Egypt, and the private sector, offering comprehensive support and conducting field inspections to ensure effective implementation and resolve any issues.

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Original content

Written by: Hanaa Moawad 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 to 95 beneficiaries of small breeders and young graduates, in total. (900) heads of livestock, within the framework of the “Decent Life” presidential initiative launched by President Abdel Fattah El-Sisi, to develop the Egyptian countryside and raise the level of small farmers and breeders. Follow us on Al Falah Channel today Follow us on Al-Falah Today Facebook page Al-Sayyad added, in a statement received by Al-Falah Today, that the total amount funded for the project so far is more than 8 billion and 711 million pounds for about 43,600 beneficiaries, to raise and fatten more than 506,000 heads of livestock, whether they are calves for meat production or ...

Source: Alfallahalyoum