Agricultural Budget Cut by 50%

In the last five years the Guatemalan Ministry of Agriculture's budget slid from $95.7 million to $47 million.

Friday, August 13, 2010

This year the ministry's budget makes up just 1.4% of the total spending planned by the government, while in 2005 the figure was 4.6%.

Jessica Gramajo, writing for Sigloxxi.com, reports comments from various agricultural trade associations.

Otto Kuhsiek, president of the Guatemalan Agricultural Chamber (Camagro), stated that, "the agro-industry sector represents around 23% of the country's GDP but in recent years instead of strengthening this base, it has been neglected... the ministry lacks a budget, which contradicts the country's needs".

More on this topic

Agriculture in Guatemala Cornered by Crime

December 2013

Guatemalan agricultural employers spend $300 million on private security representing between 12% and 16% of their budgets.

Prensalibre.com reports that "the Chamber of Agriculture (Camagro) reported that during 2013 there was an increase in criminal acts such as kidnappings, threats and extortions against their workers, as well as the theft and destruction of private property ... "

Guatemalan Agro-Industry Unveils 2021 Plan

February 2011

The Livestock and Agricultural Industry chamber unveiled a plan based on productivity, diversification, quality, environmental sustainability and food safety.

Otto Kuhsiek, president of CAMAGRO, noted that over 1.6 million jobs depend on agriculture, of which 81% are located in rural areas, half of them in family companies and the rest in large-scale, high productivity companies.

$71 Million for Guatemalan Coffee Growers

June 2010

A number of coffee associations have reacted to the sector’s losses by requesting the activation of a $71 million Coffee Trust.

The National Coffee Association (Anacafé) agrees with the Federation of Coffee Cooperatives (Fedecocagua) that this is the optimal time for the government to activate this trust, after the eruption of Pacaya Volcano and Agatha tropical storm damaged plantations.

$19 Million Coffee Trust Without Execution

May 2009

Guatemalan Public Finances stated that the Ministry of Livestock has not implemented these funds to provide loans to coffee growers.

The $100 million Financial Support Trust from the placement of treasury bonds for coffee sector producers was created after the coffee crisis in 2001.

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Grupo Fama - Metagro

METAGRO is a Guatemalan based manufacturer that provides high end solutions of agricultural transport equipment, we are focused on helping customers be more productive as they help to improve the quality of life for people around the world.
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