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OFID helps strengthen food security in Burundi with US$20 million loan
VIENNA, 5th March, 2021 (WAM) The OPEC Fund for International Development (OFID) has signed a US$20 million public sector loan agreement with Burundi to co-finance a project that will improve food security, expand access to marketplaces and social services, and strengthen the resilience of agricultural production systems.
More than 700,000 people in the central plateau region are expected to benefit.
Burundi is ranked 185th out of 189 countries on the 2020 United Nations Development Programme’s human development index, and eight out of ten people in the country live below the poverty line.