Dominican Farms Secure IDB Aid

Dominican Republic’s Economic Ministry signed an agreement with the Inter-American Development Bank for a USD200 million credit line aimed at developing farming competitiveness in the region. The loan will allow the Ministry of Agriculture to help farmers improve the quality of their crops and gain better access to local and foreign markets. IDB country representative Maule Labrado said the first phase of this program is already underway.

About the author

  • Ivy Mungcal

    As former senior staff writer, Ivy Mungcal contributed to several Devex publications. Her focus is on breaking news, and in particular on global aid reform and trends in the United States, Europe, the Caribbean, and the Americas. Before joining Devex in 2009, Ivy produced specialized content for U.S. and U.K.-based business websites.