The objective of the Grain Storage and Information for Agricultural Competitiveness Project is to improve access to grain storage and information for agricultural producers in Mexico. Project implementation was delayed since effectiveness due to the Presidential elections in June 2018 and continued a slow pace during the Government transition in 2019. With the new Government beginning its activities in December 2018, a process of reform focused on fiscal austerity was adopted. Budget limitations affected all sectors in the economy in 2019, including agriculture. With the loan being nonadditional to national budget and the limited fiscal space for operation within the Ministry of Agriculture, the flow of resources for implementation of project activities was significantly affected. The novel implementation model of the Project (a combination of public support, private capital, and bank loans to producer associations and organizations).
Details
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Author
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Document Date
2020/02/04
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Document Type
Project Paper
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Report Number
RES40389
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Volume No
1
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Total Volume(s)
1
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Country
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Region
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Disclosure Date
2020/02/04
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Disclosure Status
Disclosed
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Doc Name
Disclosable Restructuring Paper - Grain Storage and Information for Agricultural Competitiveness - P160570
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Keywords
process of reform; capacity building strategy; Investment Project Financing; flow of resource; social and environmental; source of financing; public resource; certification system; private capital; private investment; public support; grace period; fiscal space; outcome indicator; national budget; public good; fiscal austerity; spot price; government priority; Public Goods; storage facility; monitoring plan; agricultural producer; grain storage; storage management; procurement problems; take time; financing instrument; producer association
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Citation
Edmeades,Svetlana
Disclosable Restructuring Paper - Grain Storage and Information for Agricultural Competitiveness - P160570 (English). Washington, D.C. : World Bank Group. http://documents.worldbank.org/curated/en/873901580859312511/Disclosable-Restructuring-Paper-Grain-Storage-and-Information-for-Agricultural-Competitiveness-P160570