Zimbabwe: The Treasury allocates US$13 million and ZiG$115 million to the Grain Marketing Board

Source: Treasury Allocates US$13 Million And ZiG$115 Million GMB The Grain Marketing Board (GMB) has announced that it has received US$13 million and ZiG$115 million from the Treasury to settle payments for grain delivered by farmers. In a statement, GMB CEO Edson Badarai confirmed that the funds are already being processed for disbursement. He added: The Board sincerely appreciates farmers who continue to deliver to GMB, as well as Government, through Treasury, for release of the much needed financial resources for farmers. Treasury has committed to raise additional funds for farmers. As the country spearheads wheat-based food security, farmers are encouraged to continue delivering wheat to GMB. In September, Badarai announced that the producer price for wheat had been set at US$450 per tonne for standard grade and US$470 per tonne for premium grade, with payments to be made exclusively in United States dollars. During the 2023 winter wheat season, farmers received US$440 per ...