By Love Wilhelmina Abanonave
During the presentation of the 2025 budget in Parliament on March 11, Finance Minister, Dr. Cassiel Ato Forson, announced a significant allocation of GH¢1.5 billion to the agricultural sector.
This substantial investment, he said, is part of the Agriculture for Economic Transformation Agenda (AETA), which has been designed to drive economic growth, reduce poverty, and enhance food security.
Dr. Forson further highlighted key components that will benefit from the allocation.
The Feed Ghana Programme, Ghana Grains Development Project, Vegetable Development Project, and Nkokor Nketenkete are all projects aimed at improving agricultural productivity, reducing reliance on imported food items, improving vegetable production, and creating employment opportunities in rural areas.
By focusing on these strategic areas, government hopes to not only boost local food production but also contribute to the overall economic transformation of Ghana,” he further noted.
The allocation of GH¢1.5 billion to agriculture is seen as a crucial step towards achieving these goals. It reflects the government’s recognition of the sector’s potential to drive economic growth and improve livelihoods.
As Ghana continues to navigate economic challenges, this investment in agriculture is expected to yield long-term benefits, including increased food security, improved rural incomes, and enhanced economic resilience.
The success of these initiatives will depend on effective implementation and collaboration between government agencies, farmers, and other stakeholders in the agricultural sector.