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Gov’t earmarks GH¢2.9bn for agric sector in 2027 budget

November 12, 2026
Opoku (1)

A total of GH¢2.9 billion has been set aside for the Ministry of Food and Agriculture to bolster domestic food production and assist farmers across the country in 2027.

Presenting the 2027 Budget Statement and Economic Policy on the floor of Parliament, Finance Minister Dr. Cassiel Ato Forson outlined a targeted breakdown of the funds aimed at modernising farming practices and reducing post-harvest losses.

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A significant chunk of the vote—GH¢800 million—will go towards acquiring new equipment for the second phase of the Farmer Service Centre initiative. To curb waste and enhance preservation, the government is also committing GH¢500 million towards building storage silos.

Crop yield improvements will receive a boost through a GH¢515 million allocation dedicated to securing fertilisers and certified seeds for cultivators of grains, vegetables, roots, and tubers.

In the livestock sub-sector, Dr. Forson revealed that GH¢245 million has been earmarked for the Poultry Farm-to-Table project in a bid to ramp up local poultry output.

Additionally, the National Food Buffer Stock Company will receive GH¢200 million to support its operations, while GH¢105 million has been directed towards ongoing irrigation works to ensure farmers have reliable water access for year-round cultivation.

By: Rainbowradioonline.com/Ghana

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