As the clock ticks away to the 2015/16 Budget reading in June, a regional smallholder farmers’ lobby group has asked Uganda’s government, among other countries, to demand increased budget allocations to the agriculture sector.
In the 2014/15 national Budget, Uganda increased her resource allocations to the agriculture sector from Shs382 billion to Shs440 billion, representing 6.5 per cent.
But in its latest report, the 10-nation Eastern Africa Farmers Federation (EAFF) representing interests of more than 20 million smallholder farmers in the respective member countries, argues that the increment has been undermined by government’s move to terminate exemption on interest income on agricultural loans and taxes on inputs. Read more. Source | Daily Monitor