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By Arnel Chitundu
THE shortfall of K2.5 billion indicates commitment by the Government to invest significant resources in the agricultural sector, Agriculture Expert Oliver Bulaya has said.
President Hakainde Hichilema has disclosed in an address that agricultural production as part of early recovery and resilience building will require K2.5 billion.
Speaking to The Scoop, Dr. Bulaya said the funding could be used for various purposes such as improving infrastructure, providing agricultural inputs, promoting research and development, supporting farmers and enhancing overall productivity.
“There are existing challenges or issues affecting the agricultural sector in Zambia. These challenges could include low productivity, inadequate infrastructure, lack of access to credit, insufficient irrigation facilities, or vulnerability to climate change,” Dr. Bulaya said.
He said the allocated funds could be utilized to address these issues and create a more favourable environment for agricultural activities.
He added that the agricultural sector may have experienced setbacks or disruptions, as these could be the result of natural disasters, economic downturns, or other factors that have negatively impacted agricultural production.
He stated that the funds aimed at supporting the sector in recovering from setbacks and building resilience to future challenges.
He said investment in the agricultural sector indicates the Government’s recognition of its importance for the overall economic growth and development of Zambia.
He explained that agriculture was a significant sector in Zambia, employing a large portion of the population and contributing to food security and export earnings.
He said the allocated funds could help stimulate growth, increase productivity and enhance the competitiveness of Zambian agriculture in domestic and international markets.
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