Agriculture

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Although the sultanate’s petroleum wealth has traditionally provided a backbone for growth, efforts are well under way to diversify away from hydrocarbons. Oman Vision 2020 has laid out plans to boost industrialisation within the sultanate and to encourage the private sector to take a more active role in the economy and in the provision of jobs, both of which are billed as key drivers for growth.

Chapter | Agriculture & Fisheries from The Report: Peru 2015

Increased domestic consumption, exports and investment have led to consistent growth in the agriculture sector for more than a decade. From 2003-12 growth averaged 4.14%, according to the Ministry of Agriculture and Irrigation. However, a decline in production volumes of key crops, in particular coffee, saw growth slow to 2.2% in 2013. The development of industrial and export-oriented...

Though Peru’s economic growth registered a slowdown in 2014 - to an estimated 3.1% according to the central bank compared to rates of between 5% and 9% for much of the past decade - the mining-led economy is expected to regain momentum in 2015 as diversification efforts continue and government measures to stimulate investment take effect.

Chapter | Agriculture from The Report: Algeria 2014

Although agriculture’s contribution to GDP had dipped slightly from 10% in 2012, domestic output is on the rise. The Ministry of Agriculture and Rural Development estimates that the value of agricultural production increased five-fold over the last 15 years, from €4.65bn in 2001 to €23.81bn in 2013. The government has made it a priority to boost domestic production to reduce its ever-rising...

In many ways, Algeria finds itself in an enviable economic position, particularly when compared with its regional neighbours. It holds the fourth-largest oil reserves and the second-largest natural gas reserves in Africa. Ample hydrocarbons revenue has allowed the government to channel capital into public expenditure programmes on infrastructure, health care, education, social housing and subsidies.

Chapter | Agriculture from The Report: South Africa 2014

Despite a decline in agricultural production as a percentage of GDP in the past decade, agriculture remains a key component of South Africa’s economy and one of the country’s largest employers. In 2013 the sector as a whole contributed $5.48bn to GDP, on the back of primary annual agricultural production of $17.78bn. Agricultural production by volume rose by 2.7% in 2013. This can be...

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