
…Plans for the revitalisation of the agricultural sector must take into account that exaggerated weather-related disruptions are likely to occur with increasing frequency. Policy interventions cannot, therefore, be limited to financing, distribution and marketing, tax incentives, and land distribution. The problems related to extreme weather require that there be a fundamental re-examination of crop selection, zoning, farm practices, drainage and irrigation infrastructure.
Infrastructure development, however, requires long-term, patient capital, which only the public sector will provide. So this aspect of an emergency-development programme for agriculture will have to rely heavily on state resources.
…A year ago, Mr Badrul Haque, an official of the World Bank, noted that Jamaica had suffered hurricane-related losses in 2007 and 2008 of over US$1.2 billion, and remarked that it is the country most exposed to multiple hazards. Because of the severity of the global recession, interest rates of international development banks are at their lowest levels ever, and they have been provided with vastly increased loan funds. An emergency-development programme for agriculture should be at the top of the list of programmes for which financing at the current low interest rate should be sought from these institutions.
1 comment:
Due to heavey monsoon rains in Pakistan, about half of the Pakistan is under flood. Millions
of people need help. They have no food and shelter. Please create awareness and try to help
these needy people. You can give your suggestions to us at info@forumpakistan.com , your
little help can save a life.
A message from http://www.forumpakistan.com , we request all the charity organization in the
world to come in Pakistan and help in this hour of need.
Thanks.
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