The institutions promoting the program reported that " ... through this program, the European Union (EU) is making available to the GRUN a total of €20 million, which will be administered by the Spanish Agency for International Cooperation for the Development (AECID), which is also contributing 500 thousand euros, and there will also be a counterpart contribution from the Government of €1.2 million."

See "Bovine meat market in Central America"

From a joint statement from the EU, the Aecid and the Government of Nicaragua:

Contributing to the development of a more productive, competitive, sustainable, inclusive bovine livestock, with better use of resources and resources which are more environmentally friendly; and that also allow for an increase in income, food and nutritional security of small and medium livestock farmers in Nicaragua, is the main objective of the Support Program for the Livestock Value Chain in Nicaragua (BOVINOS). 

The European Union, the Spanish Agency for International Development Cooperation (AECID) and the Government of Nicaragua announced the start of activities of this important program in the beneficiary territories, which on behalf of the GRUM is being executed directly by the Nicaraguan Institute of Agricultural Technology. (INTA), the Institute of Agricultural Protection and Health (IPSA) and the Ministry of Family, Community, Cooperative and Associative Economy (MEFCCA). 

Read full release (in Spanish).

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