Sunday 29 May 2022

Colombia announces new scheme to help struggling coffee farmers

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BOGOTA, Colombia – Colombia has announced an extraordinary scheme to bring relief to the coffee sector and help struggling farmers hit by low international prices.

The government will allocate 100 billion pesos in a fund, which will be used to help coffee growers, the finance minister and the head of the National Federation of Coffee Growers (FNC) said on Tuesday.

This sum amounts to about $34 million.

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