The Ministry of Agriculture has disclosed that they have paid out about K9 million towards the insurance scheme for farmers under the Farmer Input support Programme (FISP) in the last farming season.
Agriculture Minister Michael Katambo says this is out of a K56 million that the ministry budgeted for.
Mr. Katambo says only those farmers that were listed with the insurance company have benefited from the weather insurance scheme.
He has disclosed that the insurer uses satellite data to assess the extent of the damage which determines the amount of funds required to help the farmers.
The Minister has stressed the importance of Insurance to farmers saying that it is key to all especially in the wake of climate change and adds that once the farmer has insured the crop, they should be able to salvage something out of the insurance.
Mr. Katambo was speaking in an interview with Money FM News in Lusaka.

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