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National procurement and distribution of urea for the 2022-2023 agricultural season

Start Date: 19/05/2022
End Date: 31/12/2022

Description

National intervention authorized by Emergency Decree 013-2022 for MIDAGRI, through AGRO RURAL, to procure urea from the international market and distribute it to agricultural producer organizations and individual producers operating farms of up to five hectares, in support of the 2022-2023 agricultural season and food security.

Observations

Original budget: PEN 348,887,735. Conversion: 348,887,735 / 3.738 = USD 93,335,402.62. The exchange rate is the interbank closing rate of 3.738 Peruvian soles per USD reported by the Central Reserve Bank of Peru for May 19, 2022, the publication date of Emergency Decree 013-2022. Exchange-rate source: https://estadisticas.bcrp.gob.pe/estadisticas/series/diarias/resultados/PD04646PD/html/2014-01-01/2024-05-31/. The budget includes procurement and operational distribution expenses. The decree originally remained in force through December 31, 2022.

Action scope

National

Evaluated

No

Stage

Completed

Temporalidad

Short-term

Number of Years

N/A

Related elements

Budget in USD

Budget in USD
$93,335,403.00
Counterpart Budget
$0.00
Total Budget
$93,335,403.00
Annual Average Budget
$93,335,403.00

Institutions

Institutions Institutions rols
MIDAGRI: Ministry of Agrarian Development and Irrigation Planning
AGRO RURAL: Rural Agricultural Productive Development Program Execution and operation

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