Iraqi Govt Pumps $400m into Agriculture

The Iraqi Agriculture Minister has said that 470 billion Iraqi Dinars ($400 million) has been allocated to his ministry this year to develop the country’s agricultural sector, according to a report from AKnews.

Izzeddine al-Dawla [Izzuldin al-Doula] said that the implementation of an irrigation project using the latest techniques and covering an area of more than 3 million acres is the first strategic project of the ministry, adding that further investment projects are planned to help subsidise farmers’ incomes.

Dawla expressed however his disappointment with this year’s federal allocation.

“The amount allocated to the Agriculture Ministry is not sufficient to address the challenges faced by the sector.”

(Source: AKnews)

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