Kitwe & District Chamber of Commerce and Industry

IAPRI FOR CUT FUNDING

IAPRI FOR CUT FUNDING

INDABA Agricultural Policy Research Institute (IAPRI) has advised Government to reduce funding to the Farmer Input Support Programme (FISP) and Food Reserve Agency (FRA). Last month, Government announced the release of a cumulative K1 billion to ensure active participation in the FRA 2020 crop marketing season to facilitate attainment of strategic food reserve requirements. Government has also set aside about K1.7 billion for one million farmers to access fertiliser and seed under FISP for the 2020/2021 farming season. IAPRI has recommended cost-effective alternatives that will not burden the treasury but still help achieve sustainable agricultural growth and food security.” For many years, the distribution of the agricultural budget has not placed enough emphasis on the key drivers of agricultural growth and the significant proportion of the poverty reduction programmes. Up to  98 percent have been spent on FISP and the FRA which have proved ineffective in boosting productivity or reducing rural poverty. “Government should consider reducing resources from ineffective areas such as FISP andFRA and re-allocate more to areas that can improve productivity and reduce rural poverty,” IAPRI said in response to a query. Source: Zambia Daily Mail.

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