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Govt targets US$14 billion agric sector

NewsDay Staff ·

Govt targets US$14 billion agric sector

GOVERNMENT aims to attain a US$13,75 billion agricultural sector by next year, up from the planned US$8,2 billion in 2020 owing to the sector’s accelerated growth, a Cabinet minister  has said.

Agriculture is the backbone of the economy, it accounts for 12% of the gross domestic product.

Anxious Masuka, Lands, Agriculture, Fisheries, Water and Rural Development minister, said in a latest report that Zimbabwe’s annual consumption of maize and traditional grains amounted to 2,2 million metric tonnes, with 1,8 million metric tonnes used for food while 400 000 metric tonnes is for stockfeed.

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