Guyana’s President, Dr. Mohamed Irfaan Ali, has announced a significant investment of $100 million into the country’s agriculture sector. This bold move is aimed at modernizing agricultural practices and boosting the sector’s productivity and sustainability. The investment will fund various initiatives, including the development of advanced irrigation systems, upgrading of farming equipment, and the promotion of innovative agricultural technologies.
A major focus of the investment is to enhance food security and reduce the nation’s reliance on imported food products. By improving agricultural infrastructure and providing farmers with better tools and resources, the government seeks to increase local food production and support rural economies.
Dr. Ali emphasized the importance of this investment in driving economic growth and ensuring long-term food sustainability. The funding will also be directed towards training programs for farmers, research into crop varieties, and the establishment of agricultural research centers.
This initiative is part of a broader strategy to diversify Guyana’s economy, traditionally dependent on oil and gas revenues, and to create a more resilient and self-sufficient agricultural sector. The move reflects a commitment to sustainable development and highlights the government’s recognition of agriculture as a critical component of the nation’s economic future.
