Dinar Daily
Welcome to Dinar Daily Discussions.

Logging in with your USERNAME allows you to participate in discussions, see what has recently been posted, and other options. Guests have limited abilities.

We are NOT a guru forum. We are a dinarian forum. The opinions expressed on the forum do not reflect the of opinion of Dinar Daily specifically, but rather reflect the views of the individual posters only.

Disclamer:

We are in compliance with, "Copyright Disclaimer Under Section 107 of the Copyright Act 1976, allowance is made for "fair use" for purposes such as criticism, comment, news reporting, teaching, scholarship, and research. Fair use is a use permitted by copyright statute that might otherwise be infringing. Non-profit, educational or personal use tips the balance in favor of fair use."




Join Us for Dinar Discussions and More -- We Keep it REAL
 
HomeSearchFAQLog inRegister
YOU MUST Sign in with your USERNAME to POST
Follow us on TWITTER
DINAR INFORMATION LINKS

PARTNER SITES
Key Words
Adam Montana, AdminBill, Benjamin Fulford, Currency Exchange, David Schmidt, Dinar, Dinar Guru, Dinar Recaps, Dinar Rv, Dinar Scam, Dr Clarke, Frank26, Gary Larrabee, Gurus, Guru Hunters, JerzyBabkowski, Kaperoni, Kenny, Monetary Reform, Mnt Goat, My Ladies, Okie, Poppy, RamblerNash, Ray Renfrow, Redenomination, Revaluation, Ssmith, TNTBS, Tnt Tony, WING IT, We Are The People, Willis Clark, WSOMN, Yosef, Zap
Share | 
 

 Govt seeks $35,7m from Kuwait Fund

View previous topic View next topic Go down 
AuthorMessage
RamblerNash
GURU HUNTER
GURU HUNTER
avatar

Posts : 8012
Join date : 2015-02-19

PostSubject: Govt seeks $35,7m from Kuwait Fund   Mon Nov 14, 2016 1:32 am

Govt seeks $35,7m from Kuwait Fund

November 14, 2016 in Business

The government is negotiating with the Kuwait Fund for Arab Economic Development for $35,7 million for the Zhove irrigation project in Beitbridge.

BY VICTORIA MTOMBA

The project will develop infrastructure for intensive citrus production on 2 520 hectares of land and is expected to benefit 5 000 households upon completion, Finance minister Patrick Chinamasa said in a statement on Friday.

“While the Kuwait Fund will provide $20 million, the government will contribute $7 million. The fund is assisting with mobilising the remaining $8,7 million from the Abu Dhabi Fund for development,” he said.

The project is in line with the government’s policy thrust to eradicate poverty, which resulted in the launch of the Interim Poverty Reduction Strategy Paper in September 2016, Chinamasa said.

The mission was in the country for two weeks until Saturday on an appraisal mission of the Zhove irrigation project. Chinamasa said the government was also negotiating for technical assistance and an economic feasibility study for the construction of two district hospitals in Harare.

Zimbabwe has more surface water than rain water, which can be used for agricultural purposes.

Agriculture is the backbone of the economy and employs over 60% of the country’s workforce.

The poverty reduction strategy indicates that agriculture should be encouraged and be a priority list. The Lands Ministry is working on the release of 99-year leases, which will help farmers access funding for agriculture.

The sector requires at least $2 billion each season, but in some instance, farmers are unable to access funding.


https://www.newsday.co.zw/2016/11/14/govt-seeks-357m-kuwait-fund/
Back to top Go down
View user profile
 
Govt seeks $35,7m from Kuwait Fund
View previous topic View next topic Back to top 
Page 1 of 1

Permissions in this forum:You cannot reply to topics in this forum
Dinar Daily :: AROUND THE WORLD NEWS and CURRENT EVENTS :: WORLD-
Jump to: