The sector contributed 7.5. per cent to the gross domestic product (GDP) last year, but the heavy rains that occurred last month affected 10,000 farmers, resulting in losses worth J$800 million (One Jamaica dollar =US$0.008 cents).
Speaking at the launch of the 2017 Denbigh Agricultural, Industrial and Food Show on Wednesday, Samuda said the government has committed J$118 million to assist farmers who were impacted, noting that more than $18 million has already been disbursed.
“We are hopeful that not only will the sector rebound, but that by August when we meet at Denbigh, we will be back on track and surpassing expectations,” Samuda said.
Meanwhile, President and Chief Executive Officer of Jamaica Broilers Group, Christopher Levy, said he is excited about the future of agriculture in Jamaica.
He said that he has seen where government has finally taken on board the seriousness of the role of agriculture in the development and growth of the country.
For his part, President of the Jamaica Agricultural Society (JAS), Norman Grant, said this year’s Denbigh Show is expected to generate more than $1 billion worth of economic activities.
The annual show will be held form August 5-7 under the theme ‘Grow What You Eat… Eat What You Grow: A Salute to Our Farmers, Nation Builders’.
- Countries: Jamaica