But SL doesnt produce anything close to a food surplus.
This will incentivize people to invest in improving local agricultural capacity.It's a good policy but I think it's premature. There first needs to be a reliable and consistent domestic supply or the prices will just increase. Poultry market can easily be met but the challenge is the fruits & vegetables. Usually only during the rainy season is there enough food grown for the local market and the reoccurring failure of rains has made that harder. During the dry season and droughts, imports will need to supplement for that deficit until better irrigation mechanisms are put in place so the dependency on rain fed agriculture is greatly reduced.
honestly its better to do it under these hard circumstances because otherwise it will always be delayedThis will incentivize people to invest in improving local agricultural capacity.
I agree that it's too soon for an import ban. Putting tariffs on imported produce would be a better solution.
Wouldnt that spike the prices of food and lead people to go smuggling as that would be cheaper and undercut unnecessary taxes?This will incentivize people to invest in improving local agricultural capacity.
I agree that it's too soon for an import ban. Putting tariffs on imported produce would be a better solution.
Tariffs are needed to ensure that food is produced locally. Otherwise the country will be flooded with cheap imported food.Wouldnt that spike the prices of food and lead people to go smuggling as that would be cheaper and undercut unnecessary taxes?
Either way they shouldnt have done it during a famine.
If SL wishes for true food security then it needs to make the locals consume fish in all of SL and not only the coastal places it needs to tackle the taboo and stigma surrounding the agriculture sector, I hope the SL goverment have outlined a plan to tackle those issuesTariffs are needed to ensure that food is produced locally. Otherwise the country will be flooded with cheap imported food.
If prices go up then more people will invest in farms which will then increase domestic supply and lower prices.
You can see it places where Western countries send food aid which destroys the community's ability from producing the food themselves.
Being dependent on others to feed your people should be considered a national security threat.
This will incentivize people to invest in improving local agricultural capacity.
I agree that it's too soon for an import ban. Putting tariffs on imported produce would be a better solution.
The money they make from Khat tariffs will be enough to create a modern agriculture sectorThat's the problem most farmers don't have the capital and the diaspora are not inclined to invest in farming instead they opt to invest in useless hotels. That's where the government should be stepping in. They should be putting higher tariffs on khat , luxury imports, basically non essential items that won't affect the poor. Then that money should be used to subsidize farmers, and help them procure fertilizers, pesticides, seeds, tractors, irrigation systems etc. Then when they start producing enough to meet local markets, the high tariffs to protect them should be put in place.
But SL doesnt produce anything close to a food surplus.
Masha Allah
I hope it has bible