Description:
A key goal of the Rural Strategy is support to agricultural
growth that benefits the poor, for without a renewed effort
to accelerate growth in the agricultural sector, few countries
will be able to reach the Millennium Development Goals—
especially the goal of halving poverty and hunger—by 2015.
Furthermore, the World Development Report 2007: Agriculture for Development (WDR 2007) calls for greater investment in agriculture in developing countries. WDR 2007
warns that the sector must be placed at the center of the
development agenda because, while 75 percent of the
world’s poor live in rural areas, a mere 4 percent of official
development assistance goes to agriculture in developing
countries. In Sub- Saharan Africa, a region heavily reliant on
agriculture for overall growth, public spending for farming
is also only 4 percent of total government spending, and the
sector is still taxed at relatively high levels.