Ruto Pledges Billions For Agriculture During Election Champaign

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Ruto Pledges Billions For Agriculture During Election Champaign

Over a five-year period, Ruto promises to invest at least Sh500 billion shillings, approximately USD$4.2 billion, in small companies and agriculture. To increase harvests, this investment would also include seed and animal feed supplies. Ruto’s so-called Bottom-Up economic approach, in which he attempts to direct government resources to sectors that can produce the most jobs, made farming stand out in his manifesto as an important component.

In March 2022, Kenyatta made the decision to withdraw a Sh5.7 billion fertiliser subsidy from the country’s supplementary budget. The Treasury allegedly withdrew the full sum intended to protect farmers from the increasing prices of fertiliser, according to the Agriculture Committee of the National Assembly.

Now, Ruto declared that his administration would increase the production of important goods including rice, milk, and edible oils. He intends to accomplish this by giving farmers access to capital at affordable rates. He promised to increase Kenya’s agricultural extension services if elected.

SOURCE:https://foodforafrika.com/





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