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Agricultural policies Break-out session. Highlights. Need for financial sector reforms and subsidised interests rates Macro- economic policies enhanced Enhance smallholders access to markets Policy issues addressed on subsidies and rate of subsidies;

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Presentation Transcript
highlights
Highlights
  • Need for financial sector reforms and subsidised interests rates
  • Macro- economic policies enhanced
  • Enhance smallholders access to markets
  • Policy issues addressed on subsidies and rate of subsidies;
    • Subsidises on interest rates by financial institutions
    • Subsidies for technologies that enhance agricultural business
  • Assess policies aimed at enhancing warehousing services and quality (warehousing receipts /bonded warehouse)
  • Policy environment and enforcement
cont highlights
Cont… Highlights
  • Agri finance and rural finance policies enhanced
  • Principal task is macro-economic stability
  • Price instability and inflation retained within a single digit
  • Controls interest rates and assess possibilities to reduce rates
  • Exchange rates controls for exports foreign exchange control imports
  • Fiscal sector discusses tax policies and concessions
  • Keen to ensure there is tax treatment
  • Expenditures on infrastructures is given a priority in agricultural sector
  • Others are financial sector policies for efficiency and stability
  • Technologies for improved access
roles of cbk
Roles of CBK
  • Provision conducive environment for private financial investment
  • Provision of the Framework for developing of policies
  • Fairness of the field ensure there is fair treatment of players
  • Capacity building of the clientele
  • Enhance competition
slide5
Support profitable farming systems
  • Macro supports to rural infrastructure and research
  • Secure land tenure approaches for agribanking purposes
  • Financial sector policy assessment
  • Policies to allow rural and small-scale financing
issues for consideration
Issues for consideration;

Legal and regulatory framework – separate agriculture from other sector

Price stabilisation policy

Infrastructural support – poor infrastructure impede agriculture development

Support to technical, marketing and inputs

Increased awareness on agricultural opportunities and benefits (poor image and negative attitude towards agriculture )