Dominican Republic: $8 million for Cocoa Production

The Agricultural Bank has set up a fund of $8.1 million, which will be used for the execution of several cocoa production projects in different parts of the country.

Tuesday, June 19, 2018

Through a statement issued by the Ministry of Agriculture, the head of the institution, Osmar Benítez, explained that " ... the Agricultural Bank has disposed of a fund of 400 million pesos ($8.1 million) to execute several projects to boost cocoa production in the country."

See "The cocoa business in the Dominican Republic"

The document shows that, according to Benítez, " ... these funds will allow a mechanism to be established to raise productivity and improve crops, as well as strengthening health systems. "

See also "Cocoa: $24 million for processing plant"

"He also said that a commission of 10 technicians will be created, two from the Department of Plant Health and eight from the National Cocoa Commission to prevent the entry into the country of Cacao Moniliasis." 

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