State in Sh10bn plan for cheap loans to farmers

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Agriculture Principal Secretary Paul Ronoh. FILE PHOTO | NMG

The government plans to set aside Sh10 billion to provide low-cost loans to farmers to boost crop and livestock production.

Agriculture Principal Secretary Paul Ronoh said the government will make the funds available through the State-owned Agricultural Finance Corporation (AFC) for onward lending to farmers at lower-than-market interest rates.

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