This morning Hon Peter Munya, CS Agriculture, Livestock, Fisheries and Cooperatives launched the Coffee Prices Stabilization Framework at a Nairobi Hotel.
The Framework seeks to address challenges in the Coffee Subsector in order to improve farmers’ earnings, improve foreign exchange, improve Food and nutrition Security and create employment.
The CS noted that in the last two decades, the subsector has encountered several challenges resulting to drop in production; from 6kgs to 2kgs per tree. To stop the decline the government developed various interventions aimed at ensuring full recovery of the sub sector.
CS Munya highlighted some of the reforms that have had a positive impact on the subsector. These reforms include Establishment of; Commodities Fund, Coffee Revitalization Programme, Cherry Advance Revolving Fund, E-Voucher Subsidy Programme among others.
The CS said that 15,703 farmers from 16 counties have benefitted from Ksh 2.7 Billion Cherry Revolving Fund whereby a total of Ksh. 177,836,478 has been disbursed under the New KPCU Ltd.
He added that through the Ksh.1 billion Farm Inputs Subsidy Programme, out of 80,087 registered farmers, 59,000 farmers have already benefitted at a cost of Kshs 450 Million.
Further, he noted that coffee industry export earnings have improved by 33% between 2014 and 2021.