May Rains cost Agriculture Sector $800m
MIIC Author
Minister of Industry, Commerce, Agriculture and Fisheries, Hon. Karl Samuda is reporting that the heavy rains in mid-May resulted in close to 800 million dollars in damage to the agriculture sector.
Minister Samuda said over 10,000 farmers were affected, with losses amounting to an estimated $794m.
An estimated 8,862 farmers suffered crop losses of $718,006,202, while over 1400 farmers suffered livestock losses of an estimated $76,202,000.
A previous report of $522,000,000 reflected a preliminary estimate of the damage to the sector.
Teams from the Rural Agricultural Development Authority (RADA) are still on the ground conducting damage assessments as more areas become accessible.
Logistics are also in place for agricultural inputs to be distributed to affected farmers on an equitable basis.
Contact: Karlene Brown Tel: 968-8669
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