Agri Budget 2008 Fails the Industry

By Peter R Ramsaroop

Overview

Last week I started a short series on critical issues as it relates to our farmers and recommended major improvements in order for them to be able to strategically position themselves to improve their products, marketability and financial results.

The 2008 budget for the agricultural sector indicated it to be a “maintenance budget versus a budget that outlines strategic changes in the sector to move from our traditional crops to a more diversified approach given the needs of the global market.” The budget says the goals are to grow and build on last year’s solid achievements. If one looks at our agricultural sector, one will find it very difficult to locate solid achievements in 2007.