Agriculture

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Despite its diversified economy, Bahrain has nonetheless faced pressures in recent years as a result of the 2014-15 drop in global oil prices. However, a multibillion-dollar aid package from other Gulf states and an accompanying fiscal adjustment plan, as well as growth following a partial oil price recovery and a major oil and gas discovery, offer hope for an economic turnaround in 2019.

 

How is the development of the agriculture sector contributing to inclusive economic growth?

 

Against a backdrop of increasingly severe and financially straining climate events and natural disasters, technology is poised to play an important role in maintaining and improving global agricultural output. The adoption of digital and precision farming practices has been shown to improve crop resiliency, and boost productivity and incomes,...

 

How have producers been affected by the financial difficulties that face exporters?

 

A $200m loan from the World Bank is set to improve the efficiency and profitability of Côte d’Ivoire’s cashew industry, while the government is stepping up efforts to tackle the illegal smuggling of crops.

 

Historically, agriculture has been the central driver of development since the nation gained independence in 1960. The country has an abundance of natural resources, and its fertile lands and favourable climate have allowed it to position itself as a key producer and exporter of some of the world’s premier soft commodities, ensuring a crucial...

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