PACR

Project, follow-on to 3880024, to increase fertilizer consumption in Bangladesh. The project, to be implemented by the Ministry of Agriculture, will encourage the development of large-scale private sector fertilizer wholesalers, increase marketing and distribution efficiency, and support dealer development/sales promotion efforts. The project will carry the New Marketing System begun under project 3880024 one step further by encouraging the development of large-scale private sector wholesalers who will be allowed to sell fertilizers anywhere in the country at any price. To this end, the Bangladesh Agricultural Development Corporation (BADC), a government unit, will - for the first time - sell large volumes of fertilizer at discounted prices directly from factories, ports, and depots. Ultimately, a fertilizer distribution system which is either dominated by the private sector or mixed public-private will emerge. To ensure that fertilizer wholesalers and retailers of all sizes have the working capital they will require, a refinancing program will be begun to provide short-term (3-month) credit at interest rates comparable to those for agricultural credit. (If the need arises, fun

Source: DEC abstract, PD-AAP-884 (1984). The source's own text.