WASHINGTON, December 15, 2017 - The World Bank’s Board of Executive Directors today approved the following project:
Strengthening Markets for Agriculture and Rural Transformation (SMART)
IBRD Loan: US$300 million
Terms: Maturity = 5.5 years (66 months), Grace = 25 years
Project ID: P162446
Project Description: Strengthening Markets for Agriculture and Rural Transformation (SMART) will modernize agriculture in Punjab province, Pakistan to raise farmers’ incomes, give consumers better quality and safer food at lower prices, create jobs on farms and agribusinesses, and improve the use of irrigation water.