Egypt joins Geneva negotiations on Global Plastics Treaty, calls for urgent agreement    Egypt delivers over 30 million health services through public hospitals in H1 2025    Madinet Masr in talks for three land plots in Riyadh as part of Saudi expansion    Egypt's PM tells Palestinian PM that Rafah crossing is working 24/7 for aid    Egypt, Japan discuss economic ties, preparations for TICAD conference    Real Estate Developers urge flexible land pricing, streamlined licensing, and dollar-based transactions    Egypt's Sisi pledges full state support for telecoms, tech investment    EGP inches down vs. USD at Sunday's trading close    EGX launches 1st phone app    Escalation in Gaza, West Bank as Israeli strikes continue amid mounting international criticism    Egypt recovers collection of ancient artefacts from Netherlands    Egypt, UNDP discuss outcomes of joint projects, future environmental cooperation    Egypt harvests 315,000 cubic metres of rainwater in Sinai as part of flash flood protection measures    After Putin summit, Trump says peace deal is best way to end Ukraine war    Egypt, Namibia explore closer pharmaceutical cooperation    Jordan condemns Israeli PM remarks on 'Greater Israel'    Renowned Egyptian novelist Sonallah Ibrahim dies at 88    Egyptian, Ugandan Presidents open business forum to boost trade    Al-Sisi says any party thinking Egypt will neglect water rights is 'completely mistaken'    Egypt's Sisi warns against unilateral Nile measures, reaffirms Egypt's water security stance    Egypt's Sisi, Uganda's Museveni discuss boosting ties    Egypt, Huawei explore healthcare digital transformation cooperation    Egypt's Sisi, Sudan's Idris discuss strategic ties, stability    Egypt's govt. issues licensing controls for used cooking oil activities    Egypt to inaugurate Grand Egyptian Museum on 1 November    Egypt's Sisi: Egypt is gateway for aid to Gaza, not displacement    Greco-Roman rock-cut tombs unearthed in Egypt's Aswan    Egypt reveals heritage e-training portal    Sisi launches new support initiative for families of war, terrorism victims    Egypt expands e-ticketing to 110 heritage sites, adds self-service kiosks at Saqqara    Palm Hills Squash Open debuts with 48 international stars, $250,000 prize pool    On Sport to broadcast Pan Arab Golf Championship for Juniors and Ladies in Egypt    Golf Festival in Cairo to mark Arab Golf Federation's 50th anniversary    Germany among EU's priciest labour markets – official data    Paris Olympic gold '24 medals hit record value    A minute of silence for Egyptian sports    Russia says it's in sync with US, China, Pakistan on Taliban    It's a bit frustrating to draw at home: Real Madrid keeper after Villarreal game    Shoukry reviews with Guterres Egypt's efforts to achieve SDGs, promote human rights    Sudan says countries must cooperate on vaccines    Johnson & Johnson: Second shot boosts antibodies and protection against COVID-19    Egypt to tax bloggers, YouTubers    Egypt's FM asserts importance of stability in Libya, holding elections as scheduled    We mustn't lose touch: Muller after Bayern win in Bundesliga    Egypt records 36 new deaths from Covid-19, highest since mid June    Egypt sells $3 bln US-dollar dominated eurobonds    Gamal Hanafy's ceramic exhibition at Gezira Arts Centre is a must go    Italian Institute Director Davide Scalmani presents activities of the Cairo Institute for ITALIANA.IT platform    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



Syria: Agriculture gets helping hand
Published in Daily News Egypt on 22 - 09 - 2010

As Syria braces for a third successive season of drought, Damascus has introduced a raft of measures to support the agricultural sector, including adjustments to farmers' financing terms and new irrigation schemes.
In early July, the government announced plans to reschedule farmers' debts for the second consecutive year, after fears about poor wheat, barley and cotton harvests were raised. The new plan will allow farmers to pay back the interest on loans extended in 2009 in annual installments over a 10-year period. According to the local press, the new measure would affect S£1 million (€16,842) of debt.
This announcement came just weeks after the state-run newspaper Al Baath reported that the country's domestic wheat harvest for 2010 is expected to reach 2.4 million tonnes. Adel Safar, minister of agriculture, had previously stated that the harvest should hit 4 million tonnes this year, which would meet the republic's domestic consumption requirements of between 3.6 million and 4 million tonnes. The news of another poor harvest is likely to mean that the country will have to import wheat for a third consecutive year.
While drought has been put forward as the primary reason for poor wheat yields over the last three years, in 2010, the crop has also been affected by epidemic of wheat rust, a fungus that kills the plant, which has affected fields in the north-east of the country. The wheat rust infection has also impacted on agricultural production in neighboring Turkey, Iraq and Iran.
However, not only wheat farmers are suffering. Barley yields are reportedly down and the cotton harvest is set to disappoint. The 2009 crop is estimated at 660,000 metric tonnes of raw cotton, 25 percent less than planned, according to a report by the foreign service of the US Department of Agriculture. Given that up to 20 percent of the country's workforce is employed by the cotton and textile industries, the weak harvest is a major cause for concern.
With the agricultural sector floundering, the government has stepped in.
Not only has it ensured the rescheduling of debt, it has also taken extra measures to increase credit and subsidies to the sector. The Agricultural Support Fund (ASF), established in 2008 to support the sector at a time when price subsidies for fertilizer and gas oil were reduced, confirmed its 2010 program in July 2010.
The fund will offer significant subsidies to the sector, particularly for the production of fruit and vegetables. For example, the ASF will offer cash payments of S£10,000 (€168.44) per ha for apple crops, S£14,000 (€235.81) per ha for citruses, S£5000 (€84.21) per ha for olives and S£10,000 (€168.44) per ha for maize.
These cash subsidies will be granted in parallel to an expanded credit program offered by the state-owned Agricultural Cooperative Bank. The bank, which aims its entire loan portfolio at the agricultural sector, announced in April this year that it will double its loan size limits. The ceiling for medium-term loans, which are extended from one to five years, will rise from S£ 10 million (€168,442) to S£ 20 million (€336,884), while long term loans, which have a tenor of between five to 10 years, will see their limit increased to S£50 million (€842,167).
While the decision by the Ministry of Finance, which oversees the bank, was rationalized as an instrument for encouraging further investment in the sector, in the short term it may simply help struggling farmers to stay afloat.
While many of these measures provide immediate relief for the sector, the government is also looking at the longer-term viability of agricultural activity in the country.
This is best illustrated by the plan to transfer irrigated lands throughout the country from traditional irrigation methods to modern systems. The plan, ratified and fleshed out in a decree in June building on a program launched in 2006, obligates farmers to upgrade their irrigation systems.
This will be achieved through a number of incentives, such as soft loans, and penalties for non-compliance, which range from a S£1000 (€16.84) fine per ha in the first year of non-compliance, to being completely cut off from the water supply in the third year of non-compliance.
It is hoped that such measures will not only help the country to ease its water scarcity issues but also to farm more efficiently. The government is well aware that, although it must stand by the sector in its hour of need, significant improvements are needed to make it competitive in the future.


Clic here to read the story from its source.