MoA Takes The 6th Largest Share of the Development Budget

Today, Monday, 7th February 2022, The Peggy Serame, The Minister of Finance delivered her maiden Budget Speech. The Ministry of Agricultural Development and Food Security has taken the sixth largest share of the proposed Development Budget, at P959 million or 5.84percent. According to the Minister, the proposed budget caters for the revamped Integrated Support Programme for Arable Agriculture Development (ISPAAD) which has been re-designed to be a more efficient and sustainable programme.

The budget will also continue to support projects such as small stock, piggeries, poultry and dairy production, beekeeping, horticulture and fish-farming under the Livestock Management and Infrastructure Development II (LIMID) Programme to facilitate value chains. The funds will also be used to provide essential services and basic infrastructure to selected agricultural production areas such as roads, telecommunications, electricity and water reticulation in line with the ERTP.