Home Zambia News K 5.7 billion allocated for FISP to benefit small-scale farmers

K 5.7 billion allocated for FISP to benefit small-scale farmers

17
K 5.7 billion allocated for FISP to benefit small-scale farmers

Minister of Finance Dr. Bwalya Ng’andu has disclosed that government has allocated a whopping K5.7billion for the Farmer Input Support Programme (FISP) to support over one million small-scale farmers in the 2020-2021 farming season.

Presenting the national budget in the National Assembly, Dr. Ngandu said government had also allocated K517.5million for the national food strategic reserve.

“Mr. Speaker, the Economic Affairs function has been allocated a total of K21.5 billion,” he said.

“Notable expenditures include K5.7 billion on the Farmer Input Support Programme (FISP), targeting one million farmers across the country”, he said.

“Further, for the country to be food secure, I have set aside K517.5million for the national strategic food reserve”, he said

Dr. Ngandu also announced support to the livestock sector by promoting a programme to restock and control cattle diseases.K 5.7 billion allocated for FISP to benefit small-scale farmers

“Sir, to promote the livestock sub-sector, Government will continue with the Livestock Stocking and Restocking Programme out of which at least 30 percent of the beneficiaries are youths”, he said

“In the first half of 2020, a total of 3,100 households benefited from the Programme. With regard to animal
health, a total of 283,000 animals
have been vaccinated out of the 2020 target of 290,000 under the Livestock Vaccination Programme”, he said.

He also announced a loan programme in the agriculture sector to primarily benefit young people.

“Mr Speaker, Government is
implementing the Zambia Aquaculture Enterprise Development
Project aimed at stimulating a viable aquaculture sub-sector”, he said

“In 2020, the Project, through the Citizens Economic Empowerment
Commission(CEEC), has disbursed loans worth K6.3 million to 637 aquaculture entrepreneurs”, He said

“These loans are targeted at empowering youths and women “. he said.

Source: Mwebantu