Improved irrigation practices will help increase crop yields
Rome, 30 January 2012 – The International Fund for Agricultural Development (IFAD) will provide a US$22.23 million loan to the Republic of Sri Lanka for improved irrigation infrastructure and crop diversification, and help create new market opportunities for smallholder farmers.
Asitha Perera, Ambassador of the Democratic Socialist Republic of Sri Lanka, and Kanayo F. Nwanze, President of IFAD, today signed the loan agreement for the Iranamadu Irrigation Development Project.