Ricochet News

Eastern Cape has second highest spending on agriculture

Jan 22, 2015
Eastern Cape has second highest spending on agriculture

The Eastern Cape has spent the second highest amount after KwaZulu-Natal on agriculture over the past six financial years and this trend is projected to continue into 2016/17 according to figures published by National Treasury.

The Provincial Budgets and Expenditure Review 2010/11 to 2016/17 shows that over the past five financial years, the Eastern Cape has spent R8.2-million on agriculture.

Over the same period, KwaZulu-Natal spent a total of nearly R9.7-billion.

The Review shows that spending on agriculture increased by 4.1% annually between 2010/11 and 2013/14 and 7.9% between 2013/14 and 2014/15.

National Treasury comments that most provincial expenditure on agriculture is directed towards the Farmer Support and Development Programme, with spending projected to account for 48.4% of all provincial agriculture expenditure in 2016/17.

It also points out that provincial departments of agriculture are “the main implementers of agricultural policies and programmes.

“They work to improve the use of agricultural land and provide extension services to beneficiaries of land redistribution. They also help the Department of Agriculture, Forestry and Fisheries (DAFF) to identify beneficiaries of land redistribution for agricultural purposes.” - getnews.co.za


IMAGEsourced from streamafrica.com