The International Fund for Agricultural Development (IFAD) and the Ethiopian government signed the Participatory Agriculture and Climate Transformation Programme (PACT) grant agreement. PACT will be implemented over a seven-year period and aims to benefit 750 000 rural people in six regional states. Small-scale farmers, who produce the bulk of the country’s food, depend on rainfall to grow their crops. The PACT grant is funded by IFAD ($78,2 million), the European Union ($17,84 million) and ASAP ($10,5 million). These have directly benefited around 11,5 million rural households.

Source: Ethiopian News May 09, 2023 11:56 UTC