$4m payout for farmers
13 April, 2018, 12:00 am
GOOD news for sugarcane farmers as Government has announced the final special cane payment of $4 million to assist them as part of the TC Winston relief payment as allocated in the 2017-2018 National Budget.
Making the announcement, Prime Minister and Minister for Sugar Voreqe Bainimarama said about 10,000 sugarcane farmers would benefit from this special cane payment.
“After careful reassessment, the payout formula determined that roughly 15 per cent of growers have already benefited from the full maximum payment, thousands more growers will be receiving either full or partial payments to finalise government’s payout process,” Mr Bainimarama said.
He said as a result, all sugarcane farmers in Fiji would have received equitable and direct financial assistance to go towards the repayment of loans and other costs associated with cane growing.
“This special cane payment to farmers everywhere in Fiji will go a long way in lowering the cost burdens on our farmers, and it is further proof of my Government’s commitment to reducing the cost base for our canegrowers.”