Since August 2020, the PPP/C Government has been progressively investing in the sugar industry to revitalise the industry, increasing productivity, and creating employment opportunities. This occurred as a direct result of the sector’s deterioration under the previous government tenure in Office. This was affirmed by Minister of Agriculture, Zulfikar Mustapha…
A total of $527.4 million has been proposed in this year’s national budget to increase opportunities for agro-processors, farmers, and women. Senior Minister in the Office of the President with responsibility for Finance and Public Service, Dr Ashni Singh said Guyana is promoting the growth of the agro-processing industry, including…
As the livestock industry remains vital to increased food security and continuous economic growth, some $1.5 billion is budgeted for a plethora of ambitious projects aimed at advancing the nation’s overall food sector in 2024. “We aim to improve our services to the poultry industry through decentralised support facilities…
-$2.6B budgeted for other crops The government has allocated $78 million in 2024 to bolster the production of coconuts, emphasising its rigorous effort to accelerate growth in this sub-sector. Guyana has advanced the growth of the coconut sector, bringing 31,500 acres under cultivation from 2020. Ten more coconut nurseries have…
A whopping $72.3 billion has been set aside for the maintenance and advancement of drainage and irrigation (D&I) expansion this year, as the government continues to construct climate-resilient infrastructure countrywide. The administration plans to replicate the Hope Canal in other regions due to the tremendous success of the drainage system,…
With increased focus on increasing production in the agriculture sector, a sum of $1.2 billion has been allocated to develop the fisheries and aquaculture sector in 2024. The fisheries industry, inclusive of aquaculture, is a significant contributor to the country’s economic growth and food security objectives. During his 2024 budget…
The government is expected to continue it’s support for Guyana’s rice industry, through the Guyana Development Board (GRDB), with an injection of $1.3B this year into the productive sector. This was highlighted by Senior Minister in the Office of the President with responsibility for Finance and Public Service, Dr…
Minister of Agriculture, Zulfikar Mustapha emphasised that Guyana’s agricultural sector is poised for tremendous growth in 2024 due to the direct result of government’s prudent management of initiatives and investments. The $97.6 billion budgetary allocation for agricultural development this year heavy investment in innovative irrigation and drainage infrastructure. He made…
