Caribbean News Now!

About Us Contact Us


Jump to your country or territory of interest

Advertise with us

Reach our daily visitors from around the Caribbean and throughout the world. Click here for rates and placements.


Submit news and opinion for publication


Click here to receive our daily regional news headlines by email.


Click here to browse our extensive archives going back to 2004

Also, for the convenience of our readers and the online community generally, we have reproduced the complete Caribbean Net News archives from 2004 to 2010 here.

Climate Change Watch

The Caribbean is especially vulnerable to rising sea levels brought about by global warming. Read the latest news and information here...

Follow Caribbean News Now on Twitter
Connect with Caribbean News Now on Linkedin

News from the Caribbean:

Back To Today's News

Dominican Republic to improve productivity of small farmers with $22 million loan
Published on November 16, 2012 Email To Friend    Print Version

SANTO DOMINGO, Dominican Republic -- The Dominican Republic expects to benefit 54,000 small farmers and increase their average net income per hectare by 12 percent in ten years, through a $22 million loan financed by the Inter-American Development Bank (IDB) that will improve the agricultural research and technological capacity of the country.

The IDB loan will strengthen the technical and strategic capacity of the Dominican Institute for Agricultural Research (IDIAF) in order to address current deficiencies and improve productivity. The program is aiming to achieve greater integration between research and technology transfer, improve south-south cooperation with similar centers and promote innovation through cooperation with the international research centers and private sector.

In the Dominican Republic the production in the agricultural sector is predominantly carried out by small farmers. This sector accounts for 7.7 percent of the GDP and almost 40 percent of the country’s exports value. While the sector has posted positive GDP growth of an average 4 percent in the last decade, the productivity for most crops is 50 percent below the regional average. This productivity gap is partly due to poor research, outdated practices and lack of access to the newest technologies.

IDB’s six year program will strengthen the technical capacity of the IDIAF by supporting modernization of experimentation and transfer, as well as the upgrading of infrastructure, research equipment and laboratories. Additionally it will support human development through training courses and post graduate education. Furthermore, it will promote technological agreements with international research institutions and will finance the partnerships between the private sector and the IDIAF aiming at finding innovative technological solutions.
Reads: 2944

Click here to receive daily news headlines from Caribbean News Now!



No comments on this topic yet. Be the first one to submit a comment.


Send us your comments!  

Send us your comments on this article. All fields are required.

For your contribution to reach us, you must (a) provide a valid e-mail address and (b) click on the validation link that will be sent to the e-mail address you provide.  If the address is not valid or you don't click on the validation link, we will never see it!

Your Name:

Your Email:

(Validation required)

Enter Code

Please note that, if you are using an AT&T domain email address, e.g.,,, the verification email will likely not be delivered. This is outside of our control and the only remedy seems to be for readers to complain to AT&T

User comments posted on this website are the sole views and opinions of the comment author and are not representative of Caribbean News Now or its staff. Caribbean News Now accepts no liability and will not be held accountable for user comments.
Caribbean News Now reserves the right to remove, edit or censor any comments. Any content that is considered unsuitable, unlawful or offensive, includes personal details, advertises or promotes products, services or websites or repeats previous comments will not be approved.
Before posting, please refer to our Terms of Use and Privacy Policy.

Other Headlines:

Regional Sports: