Myanmar: Project to Boost Agricultural Productivity, Support Farmers in Wake of COVID-19
The World Bank’s Board of Executive Directors today approved a $200 million credit from the International Development Association (IDA) to increase agricultural productivity and diversification and enhance market access for Myanmar farmers, with a strong focus on inclusion for smallholder farmers, women and other vulnerable groups.
Measures to contain the spread of COVID-19 in Myanmar—including the temporary shutdown of wet markets and animal feed factories, movement restrictions, the disruption of logistics and transport systems, and tightened restrictions on cross-border flows—has created disruptions in the agriculture and food system. Supply chain disruptions have resulted in market losses and increased feed costs to poultry farmers, small enterprises, and meat producers.
Kyaw Soe Lynn, WB in Myanmar; Nick Keyes, WB in Washington
