NAIROBI (Xinhua) --
A Kenyan researcher on Wednesday called
on the government to increase investments in agriculture
in order to boost economic growth.
Tim Njagi, a
Research Fellow and Development Economist at the Tegemeo
Institute, an agricultural think tank, told an economic
forum in Nairobi that Kenya’s economy is underperforming
due to low public investments in agriculture.
investments in agriculture will result in an overall
economic boost for Kenya given that a significant
proportion of the labor force derives livelihood from
the sector,” Njagi said during the Pre-Budget Hearings
for the 2018/2019 financial year that were conducted by
the Institute of Economic Affairs.
that Kenya is yet to achieve the target of the Maputo
Declaration of Agriculture of 2003, where African
nations committed to devote at least ten percent of
national budgets on agriculture.
that the country has allocated approximately 350 million
U.S. dollars or 2.4 percent of the national budget on
agriculture for the 2017/2018 financial year.
that increasing funding in agriculture will help to
unlock the potential of the sector.
the majority of food production is realized by small
scale farmers who need access to modern technology,
markets and affordable credit in order to boost their
additional public resources should be devoted to hire
skilled agricultural extension workers who can train
farmers on the latest agricultural techniques.
Tegemeo Institute, the declining agricultural yields
among most crops have made the sector unattractive
especially to the the young generation.