6.5 billion FCFA for agricultural research in Cameroon in 2015

Agriculture

6.5 billion FCFA for agricultural research in Cameroon in 2015

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- Tuesday, 23 December 2014 20:15

(Business in Cameroon) - The Agricultural Research for Development Institute (IRAD) has a balanced budget of 12.2 billion FCFA, up by 2.5 billion FCFA. This was announced by that organisation in a release issued following its last board meeting this year.

Out of this sum, the operational budget, which is the amount used to finance research activity, is 6.5 billion FCFA, which is a 53.1% increase over 2014.

According to the IRAD, this increase “is largely due to the taking into account of the special donation of 500 million FCFA granted by the government for the large-scale production of improved seeds from major impact speculation.”

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