Senate ratified a loan agreement between Kazakhstan and IBRD

Kazakhstan Materials 23 June 2006 12:52 (UTC +04:00)

(KAZINFORM) - Todays plenary session of the Senate of the Parliament of Kazakhstan has been adopted a Law On ratification of the Agreement between Kazakhstan and International Bank for Reconstruction and Development.

As earlier reported, Agreement is purposed to implement Farm produce competitive recovery project through attracting a loan of the International Bank for Reconstruction and Development up to USD 24 mln and co-financing from the republican budget up to USD 46.8 mln, reports Trend.

The project foresees installation of modern products quality and safety system, development of agricultural marketing by improving information and marketing system, perfection of scientific research methods.