Government says the 2010 Mid Term Budget will prioritize the creation of a conducive environment for farmers as well as agriculture equipment suppliers by reviewing existing duty on farming equipment.
The call by government comes at a time there is concerted efforts by all stakeholders in the agriculture sector to increase productivity so as to reposition the country as the breadbasket of the region.
Finance Minister Tendai Biti who recently toured an indigenous farming inputs and implements supplier, Farmers World said the fiscal authority will in the 2010 Mid Term Budget address the issue of high levies on vital capital goods in the agriculture sector.
Farmers World, Executive Chairman Cde. Edward Raradza implored the Finance Minister for assuring farmers and inputs suppliers that he will review the obtaining levies on imported capital goods.
It is anticipated that the forthcoming mid term budget will consolidate the macro economic gains made so far as well as create a more conducive environment for the growth of the agricultural sector.