Government allocates $1.5 million to boost food security efforts.

Dr. Keith Rowland, announced the allocation during a press conference held at the Ministry of Agriculture & Marine Resources on Friday, 17th February 2025.

The Allocation: A Key Step Towards Food Security

The allocation of $1.5 million is a significant step towards achieving the government’s goal of reducing food imports by 25% by 2025. This ambitious target is part of the government’s broader strategy to increase food production and reduce reliance on imports.

The grant will be distributed to the small-scale farmers and fishers who are struggling to make ends meet due to the economic downturn caused by the government’s decision to impose a 50% reduction in the price of rice.

The Impact of the Economic Downturn on Farmers and Fishers

The economic downturn has had a devastating impact on the livelihoods of small-scale farmers and fishers in the country. The government’s decision to impose a 50% reduction in the price of rice has led to a significant decrease in the income of these individuals, making it difficult for them to make ends meet. The reduction in rice price has resulted in a decrease in the income of farmers and fishers, with some farmers reporting a decrease of up to 30% in their income. The decrease in income has led to a decrease in the purchasing power of farmers and fishers, making it difficult for them to afford basic necessities such as food, shelter, and healthcare.*

The Grant and Its Objectives

The grant is designed to provide assistance to small-scale farmers and fishers who are struggling to make ends meet due to the economic downturn. The grant will be distributed country-wide, and its objectives are to: