Access to Equity: Agriculture Sector Given Priority

Through the Second Alotau Accord, the Agriculture sector has been given priority.

Speaking at the recent dedication service for the agriculture sector, Agriculture & Livestock Secretary, Dr Vele Pat Ila’ava acknowledged the government for prioritising this sector through the Second Alotau Accord.

“Part of government’s support is through an Agriculture Equity Investment facility to the tune of K100 Million, through the Government’s 2018 National Budget.

The Agriculture sector has been encouraged to make use of this funding to create more economic activity within agriculture this year.

A significant portion of this financing facility, according to Secretary Ila’ava, is now available through the National Development Bank. Commodity Boards also have the option of sourcing funding through submissions to the National Executive Council” – Dr Vele Pat Ila’ava – Agriculture & Livestock Secretary.

According to Dr Ila’ava, given the significant increase in priority to agriculture through the National Budget, the sector also has to increase transparency and accountability.

Dr Ila’ava is encouraging all Agriculture commodity boards and agencies to work together to restore the faith of Government, but more importantly the people in the Agriculture sector.

Meriba Tulo

is a Senior Reporter and Presenter and currently anchors Resource PNG as well as EMTV's daily National News.

Meriba Tulo

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