Gov’t to Increase Budget for Agriculture

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President George M. Weah

President George Weah has reiterated agriculture as critical to the transformation of Liberia’s economy. As such, the President said his administration is rationalizing government’s expenditures to put more money to the sector to improve food security.

He made the pronouncement on Wednesday, May 29, 2019, in his pre-recorded nationwide address.

The President presented his speech against the backdrop of the mounting economic hardship facing the country where prices of basic commodities are sharply rising to the detriment of ordinary citizens.

He added, “We are delivering a new and improved fiscal policy that will be announced with the passage of a credible national budget for the 2019-2020 fiscal year. In the last several years, we have passed a budget that exceed our revenues potentials. We are now working together with counterparts in other agencies of government to pass a realistic budget.”

“To achieve this,” the President said, “We will require sacrifices from all, because our actions will involve reform of our large wage bill, rationalizing government’s spending to put more resources to critical areas like health, education and agriculture.”

Experts in the sector said since the end of the Liberian civil crisis (1989-2003), the country’s budget for agriculture is yet to align with the mandate of African leaders to allot 10 percent annually, this many stakeholders anticipate adherence.

Up to current, the budget for agriculture remains at 3 percent annually with additional funding coming from external sources such as the World Bank, the International Fund for Agriculture Development (IFAD), African Development Bank and donor countries.

However, despite these external sources for agriculture, experts are of the opinion that growth in the sector still remain elusive as smallholder farmers are faced with numerous challenges.

It can be recalled that the President lamented the low agricultural productivity during his second annual message to the joint session of the 54th Legislature on Monday, January 28, 2019 on Capitol Hill in Monrovia.

5 COMMENTS

  1. I would like to say many thanks and appreciations to the president for increasing the budget of Agriculture for the nation . It shows that President is thriving to reduce the food insecurity that millions of Liberians are encountering .

  2. Thank you Mr. President, team and legislators, as a national budget is a statement of national value. Agriculture is a national fundamental and foundation.

  3. Another stupid way of running government demonstrated here with this foolishness. People don’t just apportion money or whatever the resource in this loose and unjustified manner. We agree agriculture is fundamental to the development of shithole country like Liberia, but the way to overcome or bridge that gap is through a well analyzed, studied, calculated method, not this haphazard popularity seeking showmanship.

    So the president throws these extra millions for agricultural production, for what specifically? Given our history of accountability with resources even in places guided by budgets, imagine this windfall, (sort of) and you get my drift. Some of the reasons why June 7 is justified!

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