Togo: From 2010 to 2019, wealth created by agriculture has more than doubled

Monday, 10 February 2020 16:32
Togo: From 2010 to 2019, wealth created by agriculture has more than doubled

(Togo First) - From XOF644 billion in 2010, the wealth generated by the agricultural sector soared beyond XOF1,350 billion in 2019. The surge was driven by the government’s national strategy in the sector paired with various programs and projects. 

One of the flagship projects that helped achieve this result is the national program for agricultural investment and food security - PNIASA. Over the period reviewed, a budget of XOF233 billion was allocated to this project to boost agricultural development, through three sub-projects: the Agricultural Support Project (PASA), the Agricultural Development Project of Togo (PADAT) and the West Africa Agricultural Productivity Program (PPAAO-Togo). 

In the past decade, the PNIASA helped increase producer’s income from XOF217,149 in 2010 to XOF336,300 in 2019. This means their daily income rose from $1.19 to $1.84. This is in a context where authorities target an income revenue of $2 per day and at least XOF500,000 annually. 

To achieve this goal, the government, according to the minister of agriculture, counts among other things, on the MIFA to ease lending to farmers, the PAIEJ-SP to boost youth employment, the agropole project and the alternative training institutes for development (IFAD). 

Séna Akoda

togofirst mobile

Should we encourage young togolese toward agriculture?
  • 57 Votes
  • 25 Votes
  • 20 Votes
    Don't have opinion
← Back
Total 102 Votes

To contact us: c o n t a c t [@] t o g o f i r s t . c o m

Please publish modules in offcanvas position.