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23 million USD worth of investments in agriculture in 2009

6. November 2008

Around 23 million USD are the funds which will be allocated to agriculture in the 2009 project budget.
Sources at the Ministry of Agriculture inform that there has been a priority on programs which deal with water drainage and rural development. In a recent study, the World Bank has pointed out that Albania has a low agricultural production activity compared to the one in the European Union and other countries in transition.
Investments in the Albanian agriculture are necessary at a time when the world food crisis is causing an increase in the price of food.