An announcement has been made of the creation of a trust for the refinancing of debts of SMEs producing pineapples in the Caribbean.
The Ministry of Agriculture and Livestock (MAG) will create a trust for $14 million intended to financially support some 376 pineapple growers. These resources represent an alternative to the crisis faced by some micro, small and medium producers of fruit.
The programs are aimed at providing farmers with assistance and training.
The Ministry of Agriculture and Livestock (MAG) will earmark the resources to support rural cooperatives seeking funding for innovating projects.
"... next month, a rural modernization program dubbed 'Premoder' will be announced for the central region, which will focus on San Vicente, Cabañas, La Paz, Cuscatlán and some municipalities of San Salvador.
The World Bank approved the loan to support the Government's fiscal program.
The World Bank Board approved a loan for U.S. $ 74.7 million to support the government program designed to address the difficult fiscal situation in the short term and to achieve balanced fiscal accounts, which will bear fruit in the medium and long term, thus, promoting development in the country.
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