ID :
33232
Mon, 12/01/2008 - 02:12
Auther :

PRESIDENT ASSURES GLOBAL CRISIS NOT TO AFFECT AGRICULTURE BUDGET

Cibodas, W Java, Nov 30 (ANTARA) - President Susilo Bambang Yudhoyono assured on Sunday that the current global financial crisis will not affect budget allocation to the country's agricultural sector next year.

Speaking at the second jamboree and festival of agriculture information officers here, the president said agricultural subsidy in 2009 would be the same as this year.

"Last year the agricultural subsidy stood at Rp29 trillion. Next year it will remain at Rp33 trillion despite the global financial crisis," he said.

The Rp33 trillion subsidy would be used among others to procure subsidized seeds and fertilizers and to maintain irrigation networks, he said.

The president further reiterated the government's commitment to regain self-sufficiency in rice production.

He expressed gratitude to farmers and agriculture information officers for their hard work, enabling the country to raise its rice production by an average of 5 percent over the past four years.

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