Project for Sustainable Fisheries and Aquaculture Development
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I.1. Fisheries is a key sector in the agricultural framework of Liberia as well as in the national economy. In 2002, fisheries contributed to 12% of agricultural GDP and 3.2% of the national GDP. Fisheries play a key role in the livelihoods of the coastal population, consisting of 15,000 to 20,000 families that use 2,500 boats approximately. The fisheries sector has vital roles in food security and economic growth nationally. I.2. The National Medium–Term Investment Programme in Agriculture an d Rural Development, prepared under the auspices of NEPAD during 2006, selected fisheries as one of the 10 national priorities, and retained a “Project to support sustainable fisheries and aquaculture development” as one of the three bankable investment projects that deserved a preference preparation. The profile of that project proposal is presented in the current document.