Ghc 1.85bn Invested In Ghana’s Agric Sector

The Ghanaian Government has since 2017 invested an amount of Ghc 1.85 billion in the agriculture sector.

The  Finance Minister, Ken Ofori-Atta, made this known on the floor of Parliament on Thursday as he presented the 2020 mid-year budget review, adding that government has also paid Ghc 5.3 billion of Ghc 6 billion claims validated by the Auditor-General.

Stressing he  said the government has also “invested over Ghc 1.85 billion in the agriculture sector from a low of Ghc 181 million.”

He also revealed that the government has completed all outstanding policy measures under the derailed IMF programme by the previous government.

"... this Government had determined that Ghana would be self-sufficient in food production through our Planting for Food and Jobs programme and would add value to what we produce, as well as, create jobs along the value chain under the
1D1F programme, which has currently over 70 factories in production, with many more under various stages of construction. So far, we have invested over GH¢1.85 billion in our Agriculture sector, resulting in agricultural growth which averaged about 2.0 percent between 2014 and 2016 to an average of 5.2 over the past 3 years. That is putting food in abundance on the table of Ghanaians, reducing the cost of living and putting money in the pocket of over 1.2 million farmers nationwide."