The World Bank has approved a project worth US dollars 80 million (equivalent to Rs 9.44 billion) today to bolster Nepal’s agriculture sector by strengthening rural market linkages and promoting entrepreneurship while creating jobs to support post-COVID-19 recovery.

The Rural Enterprise and Economic Development (REED) Project will promote market linkages to support the growth of rural enterprises, especially those that are women-led, the World Bank stated.

A key focus is on productive partnerships that will help add value, create jobs and foster sustainable linkages between small-holder producers and institutional buyers. The project will facilitate improvements in quality and meeting requirements of new destination markets to boost exports.

https://thehimalayantimes.com/kathmandu/world-bank-approves-80-million-project-to-boost-nepals-agriculture/