Search

Australia to invest $13 million to support Pakistan's small farmers

04:47 PM | 18 Oct, 2015
Australia to invest $13 million to support Pakistan's small farmers
ISLAMABAD (Staff Report) - Australian government would invest US$ 13 million under its Agriculture Sector Linkages Programme (ASLP) Phase-II to improve living standards of small farmers in Pakistan.

The first phase of this programme was launched in 2005 for the support of Pakistan's agriculture sector which remained successful.

While commenting on the Phase II of the programme, Australian High Commissioner in Pakistan, Margaret Adamson said recently, it has been the cornerstone of Australia's support to Pakistan's agriculture sector.

She also highlighting the achievements of the ASLP Phase I and said it included the uptake of furrow irrigation by nearly 1000 citrus farmers in Khyber Pakhtunkhwa, resulting in up to 40 per cent reductions in water usage, and the first successful shipment of mangoes to Europe by a farmer's consortium.

The High Commissioner informed that Australia is now importing fruit from Pakistan and termed it one of the achievements of the programme.

She said that collaboration between government, business and research bodies, supported by Australian expertise, led by Australian Centre for International Agricultural Research (ACIAR) has been a leading force in the dairy, citrus and mango sectors in Pakistan, and has provided a model for future engagement in agriculture and water between the two countries.

Margaret Adamson said that ASLP will be followed by a similar program that will be known as the Agriculture Value Chain Collaborative Research (AVCCR) programme.

Under design at the moment, it will draw on Australian expertise to assist Pakistan improve agricultural productivity, add value to raw agricultural products and improve access to markets for those products.

AVCCR will complement Australian government's engagement with other investments in agriculture to provide strategic support to the Pakistan Government in the agriculture sector," she added.

The High Commissioner said, "Our common climatic conditions, ecological diversity and federal systems of government are an obvious platform of mutual interest to share knowledge and to establish research and technical linkages between our two countries aimed at a sustainable future, food security,environmental protection and economic prosperity for our people.

"We are working closely with the Ministry of Commerce and the World Bank through a $10 million investment in the Pakistan Trade and Investment Policy Program to spearhead national efforts to promote and bolster exports and trade," she added.

The author is working as Editor Digital Media for Daily Pakistan and can be reached @ItsSarfrazAli.

Advertisement

Currency Rates in Pakistan Today - Pak Rupee to US Dollar, Euro, Dirham, Riyal 17 May 2024

Pakistani currency rates against US Dollar and other currencies on May 16, 2024 (Friday) in open market.

USD to PKR rate today

US dollar was being quoted at 277.25 for buying and 280.05 for selling.

Euro stands at 296.25 for buying and 299 for selling while British Pound rate is 344.5 for buying, and 348 for selling.

UAE Dirham AED was at 75.15 and Saudi Riyal came down to 73.50.

Today’s currency exchange rates in Pakistan - 17 May 2024

Source: Forex Association of Pakistan. (last update 09:00 AM)
Currency Symbol Buying Selling
US Dollar ‎USD 277.25 280.05
Euro EUR 296.25 299
UK Pound Sterling GBP 344.5 348
U.A.E Dirham AED 75.15 75.9
Saudi Riyal SAR 73.50 74.2
Australian Dollar AUD 180.5 182.2
Bahrain Dinar BHD 739.77 747.77
Canadian Dollar CAD 203 205
China Yuan CNY 38.49 38.89
Danish Krone DKK 40.25 40.65
Hong Kong Dollar HKD 35.61 35.96
Indian Rupee INR 3.33 3.44
Japanese Yen JPY 1.91 1.99
Kuwaiti Dinar KWD 904.28 913.28
Malaysian Ringgit MYR 58.69 59.29
New Zealand Dollar NZD 167.45 169.45
Norwegians Krone NOK 25.67 25.95
Omani Riyal OMR 722.59 730.59
Qatari Riyal ‎QAR 76.41 77.11
Singapore Dollar SGD 203 205
Swedish Korona SEK 25.67 25.97
Swiss Franc CHF 306.51 309.01
Thai Bhat THB 7.57 7.72

Advertisement

Follow us on Facebook

Follow us on Twitter

Sign up for Newsletter