AGRICULTURAL SECTOR INVESTMENT PROGRAM

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The Agricultural Sector Investment Program (ASIP) will be implemented over a four year period and has four main components. The first, policy and institutional improvements , will focus on outstanding policy reforms in key areas of marketing (eliminating subsidies to marketing parastatals), trade and pricing, food security, and land use and land tenure. The second component will undertake public investment to complement and support the policy and institutional improvements. The third component, private sector development, will help create an enabling environment and incentives for the private sector. Finally, the fourth component, pilot investment schemes, will establish a rural investment fund to support small-scale capital investments in rural communities on a matching grant basis and it would support the privatization of government farms.