Liberia: GoL Allocates US$1M for Agricultural Equipment, But… - News Summed Up

Liberia: GoL Allocates US$1M for Agricultural Equipment, But…


The proposed national budget for the fiscal year 2022, which is currently before the Legislature for scrutiny, has a total of US$5,561,226 for agriculture which is less than 1% of the total national budget. This framework mandates every African government to allocate 10% of their total national budget annually for agriculture to accelerate growth. The minister’s assertion for a budget increment for agriculture-based salary harmonization perhaps comes from the President's pronouncement that monies from the salary harmonization process shall affect critical sectors of the economy. Meanwhile, Mohammed Kamara, the President of the National Rice Federation of Liberia, has welcomed the proposal in the national budget for agriculture. According to him, they would like to see the portion of the budget that relates to farm equipment be utilized by the rice sector.


Source: Daily Observer December 08, 2021 09:56 UTC



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