The U.S. grant represents an estimated $ 6.5 million and will be used to finance various projects.
The proceeds of the sale from the wheat under the "Food for Progress" program, will be used to fund projects to promote food export, agricultural diversification and improvement of laboratory facilities and infrastructure of the Ministry of Agriculture, indicates Laprensagrafica.com.
Between 2011 and 2012 El Salvador spent $160 million on the purchase of white maize, despite having the best performance per hectare of grain in the region.
Even though in the last nine years El Salvador has recorded the highest average agricultural yield, data provided by the Economic Integration System (SIECA) reveals that in 2012, the country imported 83,231 tonnes of white maize.
A decree authorized the duty-free import of basic grains, maize and beans, to ensure supply for the population.
By means of Decree 907, the MAG has been empowered to buy and sell seed and grain, bean and maize and materials for their production, in order to guarantee the price of the product and transfer it at a reasonable cost to the public.
The National Assembly has approved the Ministry of Agriculture’s budget increase for the purchase of seeds for planting beans and corn.
With 71 votes, the Legislature approved the favorable vote of the Treasury and Budget Commission, to empower the Ministry of Agriculture and Livestock with the special temporary provisions to ensure an adequate supply of seeds for beans and corn, as well as the materials required for their production.
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