Agriculture revenue

Agriculture sector underfunded since Independence

Minister for Agriculture and Livestock Tommy Tomscoll reveal this to participants of the ‘2016 Agriculture Leaders’ Summit’ this morning in Port Moresby.

“Agriculture contributes 27 percent of GDP which in Kina currency is just over K2.5 billion towards the budget of PNG.

“But the level of annual investment put back directly into the agriculture sector in real terms is less than K150 million annually.