The U.S. grant represents an estimated $ 6.5 million and will be used to finance various projects.
The proceeds of the sale from the wheat under the "Food for Progress" program, will be used to fund projects to promote food export, agricultural diversification and improvement of laboratory facilities and infrastructure of the Ministry of Agriculture, indicates Laprensagrafica.com.
Nicaraguan businessmen refused to use a hundred thousand tons of fortified wheat that was donated by the Russian Government.
The donation from the Russian government aimed to lower the cost of bread, eggs and chicken.
With respect to this, Alfredo Velez, president of the National Association of Poultry Farmers (ANAP) argued, "Neither the baking industry nor the poultry industry will use it, because instead of lowering production costs, we urge would come."
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