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GMB receives ZIG60 million and US$5 million to pay farmers
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The Grain Marketing Board (GMB) has announced that it has received ZIG60 million and US$5 million from Treasury to clear outstanding payments owed to farmers.
In a statement, the parastatal said the latest disbursements - made over the past two weeks - will go towards accelerating payments for wheat delivered to the GMB.
"The Grain Marketing Board is delighted to announce receipt of ZWG60 million and USD5 million from the Treasury, representing consecutive disbursements over the past two weeks, for timely payments to farmers," the statement read.
The GMB said the latest allocation brings total cumulative payments for wheat deliveries to ZIG250 million and US$30 million.
According to the Board, the funding provides much‑needed relief to farmers and demonstrates government's continued commitment to supporting agriculture, one of Zimbabwe's key economic pillars.
"The Board extends its gratitude to the Hon. Minister of Lands, Agriculture, Fisheries, Water and Rural Development, Dr Anxious Masuka, for his tireless efforts in securing Treasury support. GMB remains dedicated to partnering with farmers to achieve national grain self‑sufficiency," the statement added.
In a statement, the parastatal said the latest disbursements - made over the past two weeks - will go towards accelerating payments for wheat delivered to the GMB.
"The Grain Marketing Board is delighted to announce receipt of ZWG60 million and USD5 million from the Treasury, representing consecutive disbursements over the past two weeks, for timely payments to farmers," the statement read.
The GMB said the latest allocation brings total cumulative payments for wheat deliveries to ZIG250 million and US$30 million.
"The Board extends its gratitude to the Hon. Minister of Lands, Agriculture, Fisheries, Water and Rural Development, Dr Anxious Masuka, for his tireless efforts in securing Treasury support. GMB remains dedicated to partnering with farmers to achieve national grain self‑sufficiency," the statement added.
Source - Byo24News
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