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World Bank-backed fishery program to roll out in August

World Bank-backed fishery program to roll out in August
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World Bank approves $176-million loan for Philippine fisheries project

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DA close to bagging $200-M loan for FishCoRe

The Department of Agriculture (DA) on Wednesday said it is close to securing a $200-million (P10 billion) loan from the World Bank to bankroll a 7-year project that seeks to improve the country’s fisheries production. The DA said it is in the final stages of talks with the World Bank…

P10-B fishery project backed by WB nearing implementation

P10-B fishery project backed by WB nearing implementation
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DA close to securing P10-B fund from WB for FishCoRe project

DAFile Photo MANILA - The Department of Agriculture (DA) on Wednesday said it is in the final stage of getting the approval to implement the Fisheries and Coastal Resiliency (FishCoRe) project worth USD200 million (PHP10 billion) to be funded by the World Bank (WB). It said some 500,000 fisherfolk and stakeholders in the fisheries and aquaculture sector will benefit in the seven-year project, the first to be implemented by the WB with the Bureau of Fisheries and Aquatic Resources (DA-BFAR) to harness the so-called "blue economy." The project aims to support the scaling-up and modernization of the Philippine capture fisheries and aquaculture industry, through the provision of technical support and innovation, access to modern and resilient fisheries infrastructure and post-harvest facilities, and promotion of efficient connectivity and product value addition, among other initiatives. In a virtual wrap-up meeting, DA Secretary William Dar expressed his gratitude to the WB for g

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