INSURANCE FOR UGANDAN FARMERS

INSURANCE FOR UGANDAN FARMERS

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Good tidings for farmers!

The Ministry of Finance Planning and Economic Development has finally launched the national agricultural scheme intended to protect Ugandan farmers against losses.

The scheme to be implemented through a public-private partnership will cover small-scale farmers at a discount rate of 50% while the large-scale farmers will only get a 30% discount.

The Uganda National Farmers’ Association representative says this has been long overdue and are optimistic it will revamp the sector which currently contributes 27% of the country’s Gross Domestic Product.

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