PM Marape launches the Agriculture Medium Term Development Plan 2020-22

Friday 6 November 2020

Prime Minister Hon. James Marape  today   presented  the first  K20 million of a K50 million funding  for price stabilisation  support to  rural farmers  , during the launch of the Agriculture  Medium Term Development Plan 2020- 22  in Port Moresby.

Mr Marape commended  the Minister for Agriculture and  Livestock,     Hon. John Simon and his Department and Agencies, for empowering  Papua New Guineans through business and agriculture

“Today I deliver the first K20 million of a K50 million envelope for price stabilisation. I commend Minister  Simon and his Department for realigning the Agriculture Medium Term Development Plan 2020-22 to be congruent to the Marape- Basil Government’s policies.”

“I am happy today to launch the implementation of another of my Government’s commitments to empower our people – price stabilisation for our agricultural commodities,” he  said.

Agriculture is a sector  of Papua New Guinea’s economy that brings 80 percent of the population  presently  living a subsistence life on land into commercial agriculture

“This sector embraces majority of our people and will directly benefit the economy.

“Our focus on agriculture today, and more so for transfers of better prices to growers for coffee, cocoa, copra, oil palm, vanilla and other exportable commodities will benefit the country and farmers.

“There are three million coffee growers, two million cocoa farmers, 1.5 million copra farmers, over 300,000 small holders in oil palm sector and over 500,000 people involved in the vanilla business.”

Mr Marape said the funds would be transferred directly to the farmers  or growers, ‘cutting away the middle men.’

He encouraged citizens   to return to their land and  not to be lazy, as the government would continue to support them through price stabilisation  for their commodities.

“No governments of the past have assisted price stabilisation and freight subsidies.”

“We are doing it so you men and women can be  financially empowered in your own land, like our first businessmen/women of our country who did it through agriculture, Mr Marape added.

The  government’s other major policies   focus on connecting PNG for the next 10 years with rural roads, jetties, airstrips, transport freight subsidies and the micro  small to medium enterprises( MSME) funds through partner banks.

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