IFM to conduct evaluation of cotton sector, says govt

09Apr 2020
Polycarp Machira
The Guardian
IFM to conduct evaluation of cotton sector, says govt

THE government through the ministry of Agriculture has consulted the Institute of Finance Management (IFM) to conduct evaluation on how to improve cotton sector, in particular factories in the country, the House heard yesterday.

IFM’s assessment report is meant to guide the government on how to improve the cotton sub-sector that is currently faced with a lot of challenges.

The report expected to be ready by June 2020 will also provide a broader picture on how to establish cotton industries in the country.

The government said yesterday in response to a question from Busega MP, Raphael Chegeni (CCM), who had sought the government intervention as cotton farmers are facing many challenges.

“Cotton farmers are faced with numerous challenges including unreliable prices and it seems there is no immediate solution to the problems. What is the government statement to the farmers?” he asked.

In response, the ministry of Agriculture said the government was aware of the problems and is doing everything possible to strengthen the subsectors, noting that one of the actions include consulting IFM.

The government said it intervened in the 2019/2020 season, holding talks with buyers in efforts to ensure farmers get better prices. “The long term solution to problems facing cotton farmers is to ensure improved local processing of locally produced cotton,” said the government in a statement.

The government also said it is working hard to improve businesses environment for cotton farmers in efforts to attract investors from both inside and outside the country, reduce taxes and levies, among others.

The government is also working together with different stakeholders, including the private sector to improve extension services and availability of inputs to farmers.