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Dominican government plans for agri sector to contribute 700 million dollars to GDP by 2030

By 2030, the Dominican government intends for the agricultural sector to contribute 700 million dollars to the nation’s GDP.  At a press conference on Monday at the Financial Centre, Minister for Agriculture Roland Royer stated that a strong foundation has to be set to achieve these goals and in the upcoming month emphasis will be placed on essential areas. “In this reset, our plans and programs are designed to meet the target set for the sector, for agriculture to contribute $700,000,000 to Dominica’s GDP by 2030,” he stated. 

”The program is currently being implemented through the Division of Agriculture and Dominica Export-Import Agency (DEXIA) and today we can report 2,300 bags of seeds were imported in November 2022 and to date, 1400 bags [were] sold of which 1100 [have] been so far distributed to 115 farmers,” the minister revealed. 

He revealed that $5 million under the European Development Fund is also available to continue the Feeder Road Rehabilitation Program and in addition, the Ministry of Finance is in process of securing another $5 million U.S. Dollars from the Caribbean Development Fund that will be put towards this development.

Source: dominicanewsonline.com

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