The World Bank grants a credit of 150 million dollars to the Senegalese agricultural sector

The Executive Board of the World Bank, through the International Development Association (IDA), approved a $150 million credit facility to strengthen Senegalese agriculture and food security in the country in the context of the Covid-19 pandemic. The funds released should be used in particular to boost agricultural productivity in order to increase exports of high value-added crops such as shelled peanuts and horticultural products, but also to support the livestock sector. The World Bank has also indicated that part of the aid will be used to implement more efficient price and quota policies.