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To advise the Minister on the policy of
the fund and oversee its implementation
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To establish the National demand for the
agricultural Inputs and determine the costs thereof,
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To appraise the minister from time to
time on the country's stocks position with respect of agricultural inputs
and availability of funds for their acquisition;
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To ensure the availability of funds to
finance the procurement and distribution of agricultural inputs;
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To monitor timely delivery, distribution
and storage of agricultural inputs;
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To maintain and apply the finances of
the funds in accordance with sound financial principles;
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To grant loans on sound principles and
in particular with regards to ensuring timely recovery of the principle sum
and any interest payable on any loan;
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To cooperate with relevant institutions
and authorities responsible for monitoring and enforcing standards or
quality of products in order to ensure that agricultural inputs imported on
loan from the funds are of acceptable standard or quality.