13% increase in the agricultural budget in Benin for 2022

Published 2021년 11월 26일

Tridge summary

Benin is strengthening its agriculture sector by hosting its first International Agricultural and Agrifood Markets Fair (Simaa) and increasing its Ministry of Agriculture, Livestock and Fisheries budget by 13.12% compared to 2021. The budget focuses on capital expenditure and aims for modernization through new breeding, hydro-agricultural development, and agricultural mechanization. The ministry also plans to improve market infrastructure, logistics services, and increase the capacity for storing and preserving agricultural products. Additionally, nine new programs in various agricultural areas are being implemented, including the second phase of the agroecological transition project in the cotton zone.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Benin wants to gain strength in agriculture. It is currently holding its first International Agricultural and Agrifood Markets Fair (Simaa) which has as its theme "Beninese Agriculture in the era of territorialization: the major challenges and stakes of modernization". A show that takes place in two stages and in two cities successively, until November 28 in Cotonou and from December 2 to 5 in Parakou. Second, even more revealing element, the draft budget of the Ministry of Agriculture, Livestock and Fisheries presented last Thursday by Minister Gaston Cossi Dossouhoui before the Budget Committee of the National Assembly. It is up 13.12% compared to 2021 at FCFA 87,895,921,000 (€ 133.2 million). Of the total, 63% of the budget is allocated to capital expenditure and 37% to recurrent expenditure. The minister mentioned seven priorities and nine new programs. Among the priorities, we note the promotion of a new type of breeding, the enhancement of hydro-agricultural development and ...

Source: Commodafrica