Page 24 - final REDFS Annual Newsletter
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        ⇒   AGRA in partnership with IFC, submitted a recommendation to the National Bank of Ethiopia

            to mandate allocation of loan Commercial Banks’ portfolio to the agriculture sector. Such de-
            cision has been made by the National Bank of Ethiopia for commercial Banks to allocate 5%

            of their loan portfolio to the agricultural sector


        ⇒   AGRA has also partnered with IFAD on RUFIP Program for the allocating SME credit facility

        AGRA’s 2030 focus


        Currently, AGRA has embarked upon developing its 2021-30 strategy. During this strategy pe-
        riod it will continue reinforcing and deepen its past efforts around the three identified area of

        work namely, Country Support & Policy Engagement, System and farmer’s level intervention and

        strengthening partnership for inclusive agricultural transformations.




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        6. Development and Modernization of the Poultry Sector in Ethiopia
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        The Government of Ethiopia has recognized that the development of the poultry subsector is the
        key to reducing poverty, achieving food and nutritional security, and contributing to the national
        GDP. According to The Livestock Master Plan (LMP) significant strategy action items are outlined
        to boost the production and supply of poultry products. The Government is investing a lot in

        creating a conducive environment for foreign and local investors through the development of in-

        dustrial parks and also working towards improving the legal frameworks and working procedures
        for the convenience in doing the business.


        Poultry has a significant role in the Ethiopia rural community as a source of income and nutrition.

        About 45% of the rural households in Ethiopia, which is estimated about 8.1 million households
        holds up to 9 chicken and about 1.7 million of households have between 10 and 49 number of

        chickens each (CSA 2018).

        The role of the commercial sector is increasing and overtaking the share of the traditional back-

        yard poultry farming system from year to year in terms of production volume. Data on poultry
        population are collected as part of the livestock survey, and the total poultry population at coun-

        try level is estimated to be about 57 million.  Poultry includes cocks, cockerels, pullets, laying

        hens, non-laying hens and chicks. Consequently, most of the poultry are laying hens (34.26

        percent), followed by chicks (32.86 percent),. Pullets are estimated to be about 6.47million in








               T  oget       her w        e can mak              e a diff          er   ence!
               T oget her w e can mak e a diff er ence!
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