The joint design of the first IFAD country programme financing for Fiji began earlier this year and is now nearing completion. The projet is entitled Fiji Agricultural Partnerships Project. It is a project that will be implemented by the Ministry of Agriculture in collaboration with a number of private commercial banks based in Fiji, a national NGO and a selection of service providers working in the agricultural sector. It focusses on assisting the Ministry to develop the public sector capacity to promote private sector growth. It includes a financing scheme with grants to small-scale and medium sized enterprises in the agricultural sector such as input suppliers, traders, processors and transporters - who are working with small-scale farmers. And, it provides direct support to small-scale farmers in the highlands of Viti Levu.
The conclusions reached between the Ministry of Agriculture and IFAD on the design and financing of the investment are recorded in an Aide Memoire discussed at the wrap up meeting between the design team and government officials in late November. You can access that document here.
At the moment the design document is under review by IFAD Senior Management. If approved by Management the project will be submitted to the IFAD Executive Board for approval of the proposed financing. This is expected to take place by mid-March 2015. The project, if approved would commence in the second half of 2015.