Doubling down on growth

President Dr Irfaan Ali’s announcement of a $2 billion fertilizer subsidy for farmers in Region Two marks another significant effort in the Government’s ongoing efforts to revolutionize the agricultural sector. Doubling last year’s allocation, this initiative underscores a commitment to ensuring food security, boosting rural livelihoods, and positioning Guyana to be a leader in agricultural production. It is a practical demonstration of a Government that is determined to invest in strengthening critical sectors and catalysing national economic growth.
This subsidy comes at a time when agricultural productivity is already on an upward trajectory, rising from 5.5 tons to 6.1 tons per hectare between 2020 and 2024. This achievement, as President Ali noted, is the result of targeted policy interventions and the relentless efforts of farmers.
The fertilizer subsidy would serve to accelerate this growth, enabling farmers to enhance soil fertility, improve crop yields, and fully utilize their lands. By doubling the allocation, the Government is making a clear statement: the backbone of Guyana’s economy — its farmers — deserve robust support.
Fertilizer is a critical input for agriculture, often comprising a significant portion of production costs.
Reducing this financial burden would not only increase farmers’ profitability, but would also encourage the expansion of cultivated areas, paving the way for greater food production. Beyond the immediate boost to agricultural output, the subsidy aligns with a broader strategy to make Guyana’s agriculture sector more resilient and competitive. Agriculture Minister Zulfikar Mustapha emphasized this vision in noting that the Government is laying the groundwork for a self-sustaining agricultural sector, that can meet domestic food needs while establishing the nation as a net exporter by 2025.
This ambitious goal has far-reaching implications. It positions Guyana to benefit from international markets, reduces reliance on imports, and contributes to global food security — all while reinforcing Guyana’s economic sovereignty. The projected savings of over US$30 million through enhanced agricultural productivity show the multiplier effect of strategic investments in this sector. These savings can be reinvested in areas like education, healthcare, and infrastructure, creating a ripple effect that benefits all citizens.
Ali’s focus on farm-to-market roads is another critical element of this initiative. Agriculture does not end in the fields; it requires efficient systems to transport produce to markets.
The Government’s investment in these roads would reduce post-harvest losses, lower transportation costs, and connect farmers to larger markets. Engineers are already at work assessing costs, with 50% of these roads slated for construction being a tangible step toward unlocking the full potential of Region Two’s agricultural resources. By improving infrastructure, the Government is not only addressing immediate logistical challenges, but is also boosting long-term economic resilience.
Enhanced connectivity would attract investments, stimulate ancillary industries, and provide new opportunities for rural communities. These developments collectively create a vibrant ecosystem that supports sustainable agricultural growth.
What stands out in this initiative is the Government’s holistic approach. President Ali’s remarks reflect an understanding that agricultural development is not just about increasing yields, but is also about empowering people. By prioritizing investments in fertilizer subsidies, infrastructure, and community development, the Government is creating an environment in which farmers can thrive.
As Guyana advances toward its 2025 targets, the country’s agricultural sector is poised to play a major role in global food systems. With increasing production capacities and investments in infrastructure, storage facilities, and financial support, Guyana is well-positioned to emerge as a key player in regional markets.
This transition from a domestic-focused producer to an exporter would not only elevate the nation’s economic status, but would also contribute to food security in the wider Caribbean and beyond.
The $2 billion fertilizer subsidy is more than an economic policy; it is a testament to a vision for prosperity that is rooted in the empowerment of farmers and the transformation of agriculture.
By investing in critical inputs, infrastructure, and long-term strategies, the Government is addressing immediate needs while laying a strong foundation for future growth. As Guyana marches toward becoming a net exporter of agricultural products, this initiative serves as an example of the nation’s potential. It exemplifies what can be achieved when strategic leadership is combined with the dedication of its people.
In this journey, the farmers of Region Two and beyond stand as the torchbearers of a resilient and self-sustaining agricultural economy.