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Disclosable Restructuring Paper - Grain Storage and Information for Agricultural Competitiveness - P160570 (Inglês)

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).




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