AGRICULTURE, IRRIGATION AND WATER DEVELOPMENT ALLOCATED MK142 BILLION

Goodall Gondwe Minister of Finance, Economic Planning and Development Government has allocated MK142 billion to the Ministry of Agriculture, Irrigation and Water Development in the 2014/15 National Budget. Minister of Finance, Economic Planning and Development Goodall Gondwe presented the budget statement in Parliament on Tuesday describing the MK142 billion as the highest in the 2014/15 National Budget.

Of this amount, Gondwe said, Farm Input Subsidy Program is estimated at MK50.8 billion targeting 1.5 million beneficiaries, MK2 billion for promotion of legume production and MK5 billion out of the K10 billion that is required for the restocking the strategic grain reserves.

AGRICULTURE UNDERGOING TRANSFORMATION-CHILIMA

Vice President Saulos ChilimaState Vice President Right Honourable Saulos Chilima has explained that the agriculture sector is undergoing transformation as part of the ongoing public sector reforms.

Chilima who was the guest of honour at a public lecture organized by CISANET as part of its Annual General Meeting in July pointed out that one of such reforms is the turning of the Green Belt Initiative into a holdings limited, a move that is expected to increase agricultural production, enterprise development and exports.