Farmers have called the steps “far-reaching”.
Multan Chamber of Commerce and Industry (MCCI) President Fareed Mughis Sheikh said in a statement the World Bank would provide technical assistance to the Punjab government for promoting agriculture, increasing per-acre yield, stabilising agri-economy and tapping water resources in the province.
The World Bank will also extend cooperation for adopting modern technology for the promotion of agriculture on a long-lasting basis.
“The agreement between the Punjab government and the World Bank augurs well for the agriculture economy and will promote prosperity of villages,” he said.
Sheikh added the agreement was a milestone in the development of agriculture sector. He hoped that the lender would cooperate in introducing successful world models, especially of Brazil, for the development of agriculture sector in Punjab.
He believed that the country would become prosperous with the success of farmers.
Published in The Express Tribune, September 27th, 2016.
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