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Sri Lanka’s Economic Reliance on Chemical Fertilizer
In August 2021, the Sri Lanka government allocated LKR 3.8 billion to purchase organic fertilizers from local producers, in the government effort to switch the nation to organic fertilizers. In 2020, the Sri Lanka's government spent 0.24% of GDP on its fertilizer subsidy program, a longstanding policy to provide low-cost fertilizer to boost agricultural productivity in the country. Expenditure on the fertilizer subsidy has varied over the years due to fluctuating harvesting patterns associated with the climate, settlement of arrears from prior years, and so on. Sri Lanka's fertilizer usage intensity is close to the median range among its regional peers
Featured Insight
Sri Lanka’s Economic Reliance on Chemical Fertilizer
In August 2021, the Sri Lanka government allocated LKR 3.8 billion to purchase organic fertilizers from local producers, in the government effort to switch the nation to organic fertilizers. In 2020, the Sri Lanka's government spent 0.24% of GDP on its fertilizer subsidy program, a longstanding policy to provide low-cost fertilizer to boost agricultural productivity in the country. Expenditure on the fertilizer subsidy has varied over the years due to fluctuating harvesting patterns associated with the climate, settlement of arrears from prior years, and so on. Sri Lanka's fertilizer usage intensity is close to the median range among its regional peers
Featured Insight
Sri Lanka’s Economic Reliance on Chemical Fertilizer
In August 2021, the Sri Lanka government allocated LKR 3.8 billion to purchase organic fertilizers from local producers, in the government effort to switch the nation to organic fertilizers. In 2020, the Sri Lanka's government spent 0.24% of GDP on its fertilizer subsidy program, a longstanding policy to provide low-cost fertilizer to boost agricultural productivity in the country. Expenditure on the fertilizer subsidy has varied over the years due to fluctuating harvesting patterns associated with the climate, settlement of arrears from prior years, and so on. Sri Lanka's fertilizer usage intensity is close to the median range among its regional peers
Featured Insight
Sri Lanka’s Economic Reliance on Chemical Fertilizer
In August 2021, the Sri Lanka government allocated LKR 3.8 billion to purchase organic fertilizers from local producers, in the government effort to switch the nation to organic fertilizers. In 2020, the Sri Lanka's government spent 0.24% of GDP on its fertilizer subsidy program, a longstanding policy to provide low-cost fertilizer to boost agricultural productivity in the country. Expenditure on the fertilizer subsidy has varied over the years due to fluctuating harvesting patterns associated with the climate, settlement of arrears from prior years, and so on. Sri Lanka's fertilizer usage intensity is close to the median range among its regional peers
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Agriculture and Irrigation
Agriculture and Irrigation
Recent trends and developments in government expenditure on agriculture and irrigation.
Sri Lanka’s Economic Reliance on Chemical Fertilizer
In August 2021, the Sri Lanka government allocated LKR 3.8 billion to purchase organic fertilizers from local producers, in the government effort to switch the nation to organic fertilizers.
From The PF Wire
Source:
Daily FT
Govt. allocates LKR 3.8 bn to procure organic fert...
The Government has allocated Rs. 3.8 billion to purchase organic fertiliser from local producers for the 2021/2022 Maha season.
Read More
Source:
Daily News
Rs.10,000 per hectare for farmers producing organi...
The Agriculture Ministry has decided to offer Rs.10,000 per hectare for a farmer producing organic fertilizer. The Ministry arrived at this decision at a meeting held at the Agriculture Ministry to discuss the production and supply of organi...
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Source:
DailyFT
World Bank, EU support Sri Lanka’s agriculture mod...
The Ministry of Finance and the World Bank recently signed a new grant from the European Union to support the Agriculture Sector Modernisation Project ( ASMP). This grant is part of the EU’s EUR 25 million support to the $ 125 million project and will be administe...
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In August 2021, the Sri Lanka government allocated LKR 3.8 billion to purchase organic fertilizers from local producers, in the government effort to switch the nation to organic fertilizers.
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