Coffee farmers could benefit from an additional Sh2 billion into the Coffee Cherry Advance Revolving Fund(CCARF) if the National Assembly approves the proposals, presented by Treasury Cabinet Secretary Njuguna Ndung’u.
In his 2024/25 Budget Speech to MPs, Prof Ndung’u said the allocation would add to the Sh4 billion already allocated to the fund in the current financial year as the government steps up reforms geared towards reverting the agricultural sub-sector to profitability.