{"id":20056,"date":"2024-05-30T12:16:12","date_gmt":"2024-05-30T12:16:12","guid":{"rendered":"https:\/\/ncnguyana.com\/2023\/?p=20056"},"modified":"2024-05-30T12:16:59","modified_gmt":"2024-05-30T12:16:59","slug":"guyana-anticipates-us150-million-reduction-in-crop-imports-by-2025","status":"publish","type":"post","link":"https:\/\/ncnguyana.com\/2023\/guyana-anticipates-us150-million-reduction-in-crop-imports-by-2025\/","title":{"rendered":"Guyana Anticipates US$150 Million Reduction in Crop Imports by 2025"},"content":{"rendered":"<div id=\"fb-root\"><\/div>\n\n<p><strong>By Josiah Williams<\/strong><\/p>\n\n\n\n<p>Guyana is set to achieve significant savings in food imports, with President Dr. Irfaan Ali announcing plans to ramp up production of key crops such as onions, corn, and beans. <\/p>\n\n\n\n<p>This initiative is expected to result in an annual reduction of over 150 million US dollars in the country&#8217;s food import bill.<\/p>\n\n\n\n<p>During a meeting with local private sector members, President Ali highlighted the importance of boosting domestic agricultural production to reduce reliance on imports. <\/p>\n\n\n\n<p>He emphasized that as Guyana increases its output of onions, beans, and other crops, there will be a corresponding decrease in the need for imported produce.<\/p>\n\n\n\n<p>President Ali underscored that this shift towards self-sufficiency will not only benefit Guyana but also position the country as a key supplier to the entire Caribbean region. <\/p>\n\n\n\n<p>Additionally, he emphasized plans to cut electricity costs by 50%, which would significantly reduce manufacturing expenses. <\/p>\n\n\n\n<p>The President encouraged regional producers to consider partnering with Guyana to establish manufacturing facilities in the country.<\/p>\n\n\n\n<p>Furthermore, President Ali mentioned advancements in other sectors, including agriculture and apiculture. <\/p>\n\n\n\n<p>A new variety of cassava has been cultivated, yielding 30 tonnes per hectare, with plans to export it to specialized markets as farine or cassava flour. <\/p>\n\n\n\n<p>Additionally, a national honey bank is in the works to store honey produced by various communities across Guyana. <\/p>\n\n\n\n<p>The government will provide support in the form of equipment, materials, and technical expertise for this initiative.<\/p>\n\n\n\n<p>These developments align with Guyana&#8217;s broader efforts to bolster its agricultural sector, promote self-sufficiency, and reduce dependence on food imports, thereby bolstering the nation&#8217;s economy and food security.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>By Josiah Williams Guyana is set to achieve significant savings in food imports, with President Dr. Irfaan Ali announcing plans to ramp up production of key crops such as onions,&hellip;<\/p>\n","protected":false},"author":4,"featured_media":20057,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[361,366,350],"tags":[],"class_list":["post-20056","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business-and-economy","category-local-development","category-news"],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/ncnguyana.com\/2023\/wp-json\/wp\/v2\/posts\/20056","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ncnguyana.com\/2023\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ncnguyana.com\/2023\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ncnguyana.com\/2023\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/ncnguyana.com\/2023\/wp-json\/wp\/v2\/comments?post=20056"}],"version-history":[{"count":1,"href":"https:\/\/ncnguyana.com\/2023\/wp-json\/wp\/v2\/posts\/20056\/revisions"}],"predecessor-version":[{"id":20058,"href":"https:\/\/ncnguyana.com\/2023\/wp-json\/wp\/v2\/posts\/20056\/revisions\/20058"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ncnguyana.com\/2023\/wp-json\/wp\/v2\/media\/20057"}],"wp:attachment":[{"href":"https:\/\/ncnguyana.com\/2023\/wp-json\/wp\/v2\/media?parent=20056"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ncnguyana.com\/2023\/wp-json\/wp\/v2\/categories?post=20056"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ncnguyana.com\/2023\/wp-json\/wp\/v2\/tags?post=20056"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}