A Reuters file photo of an agricultural field.
According to a World Bank statement, the farmers in K-P face challenges of low water-use efficiency and lack of modern technology, skills and knowledge for engaging in high-value agriculture value chains. This results in an underdeveloped rural economy with high vulnerability to climate changes.
Pakistan signs $918m loan agreement with World Bank
The K-P Irrigated Agriculture Improvement Project will help address these challenges by rehabilitating community watercourses, establishing water users' associations, introducing high-efficiency irrigation systems and laser land levelling, strengthening farmers' technical skills and filling knowledge gaps on agricultural market opportunities and constraints.
"Agriculture accounts for a fifth of Pakistan's economy and employs nearly half the labour force in the country," said World Bank Country Director for Pakistan Illango Patchamuthu.
"This project will boost the rural economy in Khyber-Pakhtunkhwa by benefiting millions of small farmers to diversify crops, improve productivity and increase household incomes."
Published in The Express Tribune, June 22nd, 2019.
Like Business on Facebook, follow @TribuneBiz on Twitter to stay informed and join in the conversation.
COMMENTS
Comments are moderated and generally will be posted if they are on-topic and not abusive.
For more information, please see our Comments FAQ