budget statement 2012.indd - Grenada Customs & Excise Division
budget statement 2012.indd - Grenada Customs & Excise Division
budget statement 2012.indd - Grenada Customs & Excise Division
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in areas where these spices have not been replanted since Hurricane<br />
Ivan.<br />
Our schools will also participate in this replanting programme.<br />
Support for this national effort will be provided from the Spice<br />
Research Programme and the Farm Labour Support Programme.<br />
Mr. Speaker, our farmers have expressed great satisfaction with<br />
the Farm Labour Support Programme. It has facilitated a significant<br />
increase in agricultural production over the past three years.<br />
Accordingly, Government has increased the Farm Labour Support<br />
Programme from $850,000 to $1.5 million, an increase of 76%.<br />
The Propagation Programme continues to play a critical role in<br />
the resurgence of the agricultural sector. The propagation facilities in<br />
Mirabeau will be improved to facilitate more propagation of nutmeg<br />
and other spices, cocoa and fruit trees. As a result, we expect to see<br />
continued increases in production in those commodities both for<br />
domestic consumption and export.<br />
The Small Farmers Vulnerability Reduction Initiative Project<br />
has started. The objective of this Project is to provide immediate and<br />
urgent assistance to at least 1,100 small farmers in <strong>Grenada</strong>. This<br />
support will help them cope with the recent recession and weather<br />
fluctuations by providing them with incentives for purchasing agricultural<br />
inputs, water management technology and adaptation of<br />
improved livestock practices.<br />
The project is financed by a grant of EC$2.7 million from the Government<br />
of Japan and is supported by the World Bank. $1.6 million will<br />
be spent this year.<br />
Mr. Speaker, the allocation for Agribusiness and Fisheries is $23.6<br />
million.<br />
6.2 TOURISM AND HOSPITALITY SERVICES<br />
Mr. Speaker, after an extensive consultative process, the National<br />
Tourism Strategic Development Plan was approved late last year.<br />
Page 28<br />
2012 Budget Statement