Minister for Agriculture & Fisheries Reginald Austrie says the government of Dominica recognizing the numerous needs within the Fishing Sector negotiated a financing agreement with the World Bank to the tune of EC$67.5M for the rehabilitation of the agriculture, forestry and fisheries sub-sector. A total of $5M has been allocated for the construction of 100 fibre glass boats, the purchase of 65 50-100 horse power engines (two-stroke), the reconstruction of 7 boat building sheds and the construction of 20 canoes as the first phase of that project. He also says that the government of Dominica also recognizing the impact of the sector on livelihoods and the economy in general, moved quickly to assist the fisher-folks affected. A total of EC$2.4M was provided through a loan grant by the Disaster Vulnerability Reduction Program -DVRP sponsored by the World Bank to provide cash assistance to fisher-folks. Minister for Agriculture & Fisheries, Reginald Austrie
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