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LIFT agrees with WEF "for Poverty Reduction, Myanmar Should Invest in Agriculture"
- With about 70% of its labour force employed in agriculture, Myanmar should focus on boosting growth, productivity, and sustainability in this sector to reduce poverty significantly
- Myanmar has the potential to become a regional force in agriculture
- Focusing on small holder's agriculture could ensure that Myanmar’s economic growth is balanced and sustainable over the long term
The largest livelihoods trust fund in Myanmar, the Livelihoods and Food Security Trust Fund (LIFT) agrees with the business and government leaders meeting at the 22nd World Economic Forum on East Asia on the importance of putting a big focus on agriculture. To date, LIFT has assisted 1.5 million people or more than 2% of Myanmar’s estimated population of 60 million, and reached some of the poorest and most vulnerable rural families.So far, LIFT's funded projects have:
- helped 65,135 farm households improve their agricultural yields through training and access to key agricultural inputs, including credit; and
- provided livestock and training to 10,610 households.
