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Fijis 2013 Budget Increases Allocation to Agriculture

Fiji’s Ministry of Agriculture has been allocated $FD51,605,000 ($USD 29m) an increase of $USD500,000 from the 2012 allocation.  Major capital projects that will be undertaken next year include the Export Promotion Project $1.0m.  Food Security Project $1.0m and the Rice Revitalizations Project $1.5m.

Agriculture is a vital sector of the economy and Fiji needs to do what we can to help the nations farmers maintain a productive and efficient agricultural sector says Commodore Frank Bainimarama Fiji’s Prime Minister and Minister for Finance when announcing the 2013 Budget last week.

Commodore Bainimarama also announced a new initiative to encourage young people to become farmers through the established of a scholarship program in which high school graduates will attend a 12 month certificate course in agriculture which will train them in all facets of agricultural production.  Upon graduation, each student will receive a loan package to the value of $USD30,000 to cover the cost of land, farming implements and agricultural inputs, a farm house and startup capital.  The Fiji Government hopes that the initiative will attract many young people to become farmers.

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