Agriculture insurance regulations due in 2026/27
DODOMA: THE government plans to complete the formulation of agricultural insurance regulations during the 2026/27 financial year, as part of efforts to expand insurance coverage for farmers and agricultural activities. Deputy Minister for Finance, Dr Laurent Luswetula, gave the assurance in the National Assembly yesterday while responding to a question from Kafiti William Kafiti (Ilemela- … The post Agriculture insurance regulations due in 2026/27 first appeared on Daily News. The post Agriculture insurance regulations due in 2026/27 appeared first on Daily News.
Black News 
DODOMA: THE government plans to complete the formulation of agricultural insurance regulations during the 2026/27 financial year, as part of efforts to expand insurance coverage for farmers and agricultural activities.
Deputy Minister for Finance, Dr Laurent Luswetula, gave the assurance in the National Assembly yesterday while responding to a question from Kafiti William Kafiti (Ilemela- CCM), who sought to know when the government would finalise the regulations to improve protection for farmers and their crops.
Dr Luswetula said the government is currently conducting research on insurance across the agricultural value chain, including crops, livestock, forestry and fisheries.
According to him, the study aims to develop regulations that will attract investment in agricultural insurance while creating an enabling environment for farmers to access insurance services more easily and efficiently.
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“The government intends to complete the preparation of these regulations during the 2026/27 financial year,” Dr Luswetula told the house.
He noted that the regulations are expected to strengthen risk-protection mechanisms in the agriculture sector and encourage wider participation by insurers and investors. In a supplementary question, Mr Kafiti sought clarification on the government’s commitment to the initiative, noting that agriculture remains the backbone of the country’s economy and employs a large share of the population.
Dr Luswetula acknowledged the importance of the sector, saying this is one of the reasons the process has taken longer than expected. He said the government wants to conduct comprehensive research and formulate regulations that are more responsive to farmers’ needs while attracting larger investment in agricultural insurance.
“The objective is to create a framework that protects farmers against risks and supports sustainable growth in the agricultural sector,” he added.
The post Agriculture insurance regulations due in 2026/27 first appeared on Daily News.
The post Agriculture insurance regulations due in 2026/27 appeared first on Daily News.
