The Tunisian government says it will pump a total of TND324 million (about $120 million) in the agriculture sector next year. This is 18% of the TND1.78 billion that will be allocated to the department of Agriculture, Water Resources and Fisheries for the year.
According to Akissa Bahri (pictured) who heads this department, the 2021 agricultural subsidy is 17% higher than that of 2020. With this new financing, the government plans to carry out actions aimed at consolidating the performance of the fishing sector and aquaculture activity through increased public investment. It also intends to improve the use of water for agricultural irrigation by increasing the supply of water resources and increasing the country's forested areas.
“The department will subsidize key sectors and establish a clear roadmap for the agriculture, food security and health sectors. A 2025 water strategy will also be formulated,” the minister said.
Overall, in 2019/2020, the Tunisian agricultural sector performed well despite the coronavirus pandemic. Exports of olive oil, the country's flagship product, generated more than TND2.2 billion dinars, a record level.
Espoir Olodo
(EBID) - EBID aims to allocate nearly 41% of its commitments to projects with environmental and...
Four major operators—Mauritel, Mattel, Rimatel, and Chinguitel—submitted a combined bid of ...
Mahindra & Mahindra is considering a CKD assembly plant near Durban to strengthen its presence i...
Operators review 2025 investments, outline 2026 expansion plans Consumer complaints persist...
Gabon's 7% 2031 Eurobond posted its biggest single-day drop in a year on Wednesday after a new I...
Sassou-N'Guesso sworn in for new five-year presidential term Won 94.8% vote; opposition contests election transparency Pledges reforms amid economic...
Nigerian airlines warn of flight suspensions over soaring jet fuel Kerosene prices jump nearly 300%, far above global increases Supply risks, high...
Dakar airport Q1 passengers rise 2.45% to 735,370 Traffic boosted by AFCON; January busiest month Flights fall 4%, freight up 21.4% Senegal’s...
Central African Republic plans fuel corridor via Congo’s Pointe-Noire Project aims to diversify supply beyond Douala route dependence Structural,...
Lomé is hosting the 9th edition of the International Film Festival of Togo (FIFTO) featuring 33 films. The event promotes African storytelling in...
Fally Ipupa plans a two-part album project combining urban sounds and traditional rumba. The first album “XX” releases on April 17, while “XX Delirium”...