Malawi: Farm Input Subsidy gets K40 billion

Malawi’s Farm Input Subsidy program, touted for improving food security for the past six years, has been allocated a whopping K40.6 billion in the 2012/13 budget which represents about 60 per cent of the Ministry of Agriculture allocation. 'The major allocation is for the Farm Inputs Subsidy Program (FISP) which has been allocated a total of K40.6 billion for the purchase of 150,000 metric tonnes of fertilizers comprising 75,000 metric tonnes of Urea and 75,000 metric tonnes of NPK fertilizers which will be distributed to 1.5 million farm families at a price of K500 per bag,' said Lipenga when he presented the financial plan.