According to the supplementary request, ministerial accounting officers appeared before the Committee on July 22 and were able to secure funding for major drought interventions. President Ian Khama declared a drought late in June, announcing an array of interventions including support for the Agricultural Credit Guarantee Scheme, a 25 percent subsidy to farmers on certain livestock feed purchased through the Livestock Advisory Centres as well as nutritional support for vulnerable groups.
According to the estimates laid before legislators yesterday afternoon, the committee approved an amount of P103.1 million to cover the 85 percent subsidy to farmers who obtained seasonal loans from CEDA and the National Development Bank under the Agricultural Credit Guarantee Scheme.
