Ver Angola


Government to subsidize 35 percent of agricultural fertilizers

The Government will subsidize up to 35 percent of the price of fertilizers for agricultural producers, mainly those who develop family farming, said this Tuesday the Minister of Agriculture and Fisheries.


António de Assis, who was speaking to the press at the end of the 9th meeting of the Economic Commission of the Council of Ministers, headed by the President, João Lourenço, said that the producers will only pay the differential and the Fund for Support to Agricultural Development (FADA) will pay the market value.

"This subsidy has as main objective to make the life of the producers a little easier, mainly the family agriculture, that as we all know went through in the last agricultural year some difficulties related to climate and in some cases excessive rains, in other cases prolonged droughts, plague attacks, that limited, in a certain way, the final production and as such the income of these producers", said the minister in statements broadcasted by the Angolan public radio.

According to the minister, without this support, farmers would have more difficulties to support the current costs with production, hence the need for government intervention, "for the reduction of the fertilizer selling price to the public".

According to António de Assis, quoted by the Angolan state broadcaster, the government will make available 17 billion kwanzas for this purpose.

Angola saw some provinces in the south of the country affected by a severe drought, which it tried to minimize with the distribution of agricultural inputs, and also registered a plague of locusts in some regions, which caused significant losses to agricultural production.