The Council noted that 62 per cent of land reform expenditure is now allocated towards the "proactive land acquisition" by the state. Direct land grant transfers to beneficiaries have fallen from 47 per cent in 2009/10 to 22 per cent in the 2012/13 financial year. However, the main concern was the lack of emphasis on the importance of smallholder farming. HSRC indicated smallholder farming has been successful in emerging economies such as Brazil.