Comparing FISP to Alternative Programs
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Malawi has made the Farm Input subsidy Program (FISP) the major pillar of both the country’s agricultural development strategy and its social protection policies since 2005/06. Expenditure on the FISP has been high, ranging from 5.6% of the national budget in 2005/06 to 16.2% of the national budget in 2008/09. The general findings on FISP impacts are that the program has made a relatively small positive contribution to maize production and farm income. However, the program’s impact on rural poverty remains unclear.