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Yaoundé - 04 May 2024 -
Thursday, 05 December 2013 07:00

98.3 Billion F for Better Agric Productivity

The Ministry of Agriculture and Rural Development has unveiled four programmes, announcing that their implementation would greatly improve agricultural productivity in the country.

After presenting and defending a budget of 98.3 billion F before the Finance and Budget Committee of the National Assembly, Minister Essimi Menye said target will be on boosting agricultural competitiveness so as to step up not only output but the profitability of farmers.

Focus will also be on modernising rural infrastructure to ensure better productivity.

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The government of Cameroon has tabled a draft State budget for 2014 for Scrutiny at the National Assembly which stands at 3,312 billion F.

The State budget represents a 76 billion increase from that of the ongoing fiscal year which stands at 3,236 billion F. The budget will be fed through internal resources to the tune of 2,983 billion as against 2,912 billion for 2013 as well as resources from the money market amounting to 280 billion as against 250 billion F in 2013.

The Prime Minister, Head of Government, Philemon Yang, is expected in the hours ahead to present governments, economic and social programme for 2014 at the National Assembly after which Ministers will be filing past the Finance and Budget Committee to defend their respective envelops.

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